State: South Dakota - SD

Commercial Real Estate Direct Staff Report The $94 million CMBS loan against the Rushmore Mall in Rapid City, S.D., has been modified into A and B notes. The property's owner, Washington Prime Group, detailed the modification in its third-quarter earnings ...

IFR Asia C-III Asset Management, special servicer for JP Morgan Chase Commercial Mortgage Securities Corp., 2006-CIBC15, has sued Perkins Properties alleging it committed fraud during negotiations that led to its discounted payoff of a $77 million loan against a portfolio ...

Commercial Real Estate Direct Staff Report CWCapital Asset Management is planning to foreclose on the $94 million CMBS loan against the Rushmore Mall in Rapid City, S.D. That's a change from recent months, during which the special servicer was in ...

Commercial Real Estate Direct Staff Report A $94 million CMBS loan against the Rushmore Mall in Rapid City, S.D., which Simon Property Group recently acquired from a venture it operated with Macerich Co., has been transferred to special servicing once ...

American Financial Realty Trust has paid $23.9 million for a 158,000-square-foot office building in Sioux Falls, S.D., that is leased to a unit of Household Financial Corp.The Jenkintown, Pa., REIT purchased the property, at 2200 East Benson Road, from BentleyForbes ...

January 20, 2005 Pioneer PressWal-Mart plans to open a 188,000-square-foot supercenter in Aberdeen, S.D. The store will be built on land near the intersection of Sixth Avenue Southeast and Melgaard Road. The project, which still needs city approval to move ...

May 2, 2002MEMPHIS, Tenn. – United Dominion Realty Trust (NYSE:UDR) has sold a portfolio of 950 apartment homes here for $38.7 million to an undisclosed buyer.The sales price represents a capitalization rate, or initial yield, of 8.3 percent.The four communities ...

April 6, 2000 NORTHBROOK, Ill. – Bradley Real Estate Inc. (NYSE: BTR) has completed the sale of three shopping malls in the Midwest for a total of about $31 million.The company had taken over the properties when it acquired Mid-America ...

ATLANTA – Gables Residential Trust (NYSE:GBP) has sold two properties in Memphis for $30.5 million.Gables Germantown and Gables Quail Ridge, which together consist of 490 apartment homes, were sold with a capitalization rate of 8.6 percent.With the sales of these ...