David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
State: Missouri - MO
Apartment Property Near St. Louis Gets $32.4Mln Loan
Mia Rose Holdings has lined up $32.4 million of financing against the 204-unit 44 West Luxury Living apartment property in the St. Louis suburb of Valley Park, Mo. The five-year loan, which requires only interest payments for its entire term, ...
216-Unit Apartment Property Planned Near St. Louis
REBusiness Online Mia Rose Holdings is planning to build 44 East, a 216-unit apartment property in Valley Park, Mo. The Chesterfield, Mo., developer will construct it at the intersection of highways 141 and 44, about 20 miles west of St. ...
CMBS Loan Against Large Kansas City-Area Office Sells for 79% of Par
The $232.5 million CMBS loan against the 3.7 million-square-foot Aspiria Office Campus in Overland Park, Kan., has been sold for $183.5 million, or 79% of its principal balance. The sale resulted in a $68.69 million loss to the CMBS trust ...
Typerion Holdings Lines Up $55Mln Loan for St. Louis-Area Office Building
Commercial Observer Bank of Montreal and 3650 Capital have provided $55 million of financing against Shaw Park Plaza, a 274,688-square-foot office building in the St. Louis suburb of Clayton, Mo. The fixed-rate financing matures in five years. Typerion Holdings owns ...
Driftwood Capital Scores $415Mln of Financing, Pref Equity for Nationwide Hotel Portfolio
Commercial Real Estate Direct Staff Report Driftwood Capital has lined up $415 million of financing against a portfolio of 18 Hilton, Marriott, and Margaritaville-branded hotels in 10 states. Wells Fargo Bank provided a $330 million senior loan, while ACORE Capital ...
Work Starts on 933,656-SF Industrial Property Near St. Louis
REBusiness Online NorthPoint Development has broken ground on a 933,656-square-foot industrial property within the Gateway TradePort project in Granite City, Ill. The Kansas City, Mo., developer is building the property at 5112 State Route 111, along Illinois' border with Missouri ...
Infinity at Plaza West
PPR Capital Management has paid $33.6 million, or $150,000/unit, for Infinity at Plaza West, a 224-unit apartment property in Kansas City, Mo. The Wayne, Pa., investment manager purchased the property from Burlington Capital Properties of Omaha, Neb., which had bought it ...
224-Unit Apartment Property in Kansas City, Mo., Sells for $33.6Mln
Commercial Real Estate Direct Staff Report PPR Capital Management has paid $33.6 million, or $150,000/unit, for Infinity at Plaza West, a 224-unit apartment property in Kansas City, Mo. The Wayne, Pa., investment manager purchased the property from Burlington Capital Properties ...
$32Mln Lent Against Kansas City-Area Industrial Building
REBusiness Online Block Real Estate Services has lined up $32 million of financing for the Lenexa Logistics Centre North #5 industrial building in the Kansas City suburb of Lenexa, Kan. Gantry arranged the loan on behalf of the Kansas City-based ...
Occidental Made $4Mln Equity Investment to Get Kansas City-Area Office Loan Extended
Commercial Real Estate Direct Staff Report Occidental Management Inc. had ponied up $4 million of fresh equity as part of its loan modification agreement for the $232.5 million mortgage against its Aspiria office complex in the Kansas City suburb of Overland ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
