State: Montana - MT

Commercial Real Estate Direct Staff Report Washington Prime Group has bought the 632,000-square-foot Southgate Mall in Missoula, Mont., for $58 million, or about $91.77/sf. The Columbus, Ohio, REIT bought the property, at 2901 Brooks St., from Southgate Mall Associates LLP, an ...

Commercial Real Estate Direct Staff Report Stockman Bank of Montana had provided the financing that facilitated the pay-off of the $29 million CMBS loan against the Holiday Village Mall in Great Falls, Mont. As previously reported, the loan, securitized through ...

Commercial Real Estate Direct Staff Report The $25.6 million CMBS loan against the Holiday Village Mall in Great Falls, Mont., has been refinanced. That's good news for investors in COMM, 2012-CCRE5, as the thinking was the property would face challenges ...

Kansas City Star A venture of City Club Apartments and Mission Peak Capital is planning to redevelop the Midwest Hotel in Kansas City, Mo., into 300 multifamily units. Construction on the $72 million project, at 20th and Main streets, is ...

Kansas City Business Journal VanTrust Real Estate is considering offering for sale the Playa Vista mixed-use complex in Kansas City, Mo. The property includes a 284,654-square-foot office building, as well as the 132-room Hotel Sorella. VanTrust, of Kansas City, developed ...

Commercial Real Estate Direct Staff Report Starwood Capital Group paid $112.4 million for the Rimrock Mall in Billings, Mont., which it had acquired from Macerich Co. The Greenwich, Conn., investment manager had also purchased the Northridge Mall in Salinas, Calif., ...

Red Lion Hotels Corp. has agreed to sell two hotels, in Colorado and Montana, for $18.6 million. It has agreed to sell the 478-room Red Lion Hotel Denver Southeast in Aurora, Colo., for $13 million, or $27,197/room. Red Lion bought ...

The Club at Spanish Peaks, a 5,700-acre ski and golf resort in Big Sky, Montana, has shut down and last Friday filed to liquidate through a Chapter 7 bankruptcy filing. It is the latest resort in the area, all financed ...