389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Commercial Real Estate Direct Staff ReportFairfield Residential, one of the country's largest apartment owners, has filed for bankruptcy.In a statement, the San Diego company said the filing, in United States Bankruptcy Court in Delaware, was necessitated by the collapse of ...
Commercial Real Estate Direct Staff ReportLEMMezzanine has foreclosed on the ownership interests in the W Hotel New York, ahigh-end 270-room hotel at Park Avenue and 17thStreet in Manhattan.ThePhiladelphia investment manager won a heated bidding contest at a foreclosure auctionthis morning, ...
KeyBank has filed to foreclose on a $154 million loan against a 64-acre office park owned by a venture of Tishman Speyer Properties and Walton Street Capital in Los Angeles, Bloomberg has reported.The suit was filed in Los Angeles County ...
Commercial Real Estate Direct Staff Report Capmark Financial Group yesterday filed for bankruptcy in the United States Bankruptcy Court in Delaware. The filing has long been expected. Earlier in the year, the company warned that a filing was likely because ...
Seniors-housing property developer/operator Erickson Retirement Communities has filed for Chapter 11 bankruptcy protection and agreed to sell itself to Redwood Capital Investments.The Catonsville, Md., operator of 19 continuing-care facilities in 10 states lists $1 billion of assets, $1 billion of ...
Capmark Financial Group could file for bankruptcy by the end of next week, according to a report by Reuters.The report, which cited an unnamed source familiar with the company's situation, said the company was in talks with its lenders and ...
Lenders could foreclose on $670 million of debt on the Fountainebleau hotel in Miami because its owner has failed to maintain adequate loan reserves, the Wall Street Journal has reported.The lenders, led by Bank of America, are negotiating with the ...
SouthFlorida Business JournalWellsFargo, trustee for Credit Suisse, has filed to foreclose on a piece of the $196.3million of debt on Biscayne Landing, a proposed mixed-use complex in NorthMiami.Thecomplex, on a former landfill, was to have some 6,000residential units next to ...
Commercial Real Estate Direct Staff ReportCapmark Finance is foreclosing on a $36.5 million loan on two apartment properties with a combined 490 units in the Bronx, N.Y.The loan, which is securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2007-CIBC19, backs ...
Commercial Real Estate Direct Staff ReportThe InterContinental Chicago O'Hare and Radisson Hotel at Los Angeles Airport have been thrown into bankruptcy.The two properties, owned by affiliates of Chicago's Harp Group, are encumbered by a total of $275 million of debt ...
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