Namdar Realty Group is said to have purchased the Emerald Square Mall in North Attleboro, Mass. The Great Neck, N.Y., investor paid $29.17 million for the retail property, which was sold by the two CMBS trusts that had held $94.52 ...
The $123.94 million of CMBS financing against the Westfield Citrus Park Mall in Tampa, Fla., has been modified as part of a transaction facilitating the property's sale. The loan, securitized through Morgan Stanley Bank of America Merrill Lynch Trust, 2013-C10, ...
Unibail-Rodamco-Westfield's plan to radically reduce its exposure to the United States by the end of next year could end up costing CMBS investors. A total of 13 of the company's malls are encumbered by $3.07 billion of financing that's been ...
The Real Deal Jamestown has lined up $425 million of financing from JPMorgan Chase Bank to help cover the cost of redeveloping One Times Square, a 26-story building in midtown Manhattan that hosts a number of billboards and electronic signs. ...
The $140 million CMBS loan against the MainPlace Mall in Santa Ana, Calif., has transferred to special servicing because its owner has asked that its term be extended. The loan, securitized through UBS-BAMLL Trust, 2012-WRM, is slated to mature early ...
The volume of CMBS hotel loans in special servicing last month declined by an impressive 17.5 percent to $8.34 billion, according to Trepp Inc. That's the lowest volume since before the coronavirus pandemic and helped push the overall volume in ...
Ramsfield Hospitality Finance and CarVal Investors have provided $36 million of mortgage financing against the 177-room Galleria Park Hotel in San Francisco, allowing for a maturing $29.52 million CMBS loan to get taken out. The CMBS loan that was taken ...
The venture that acquired the Fairlane Town Center in Dearborn, Mich., and Shops at Willow Bend in Plano, Texas, is very likely to redevelop the two retail properties. It's still too early to say just how they'll be redeveloped, but ...
Last year, an estimated 56 percent of Americans who moved left the state they had lived in, continuing a trend that was facilitated by the work-from-home flexibility that many employers offered in the wake of the coronavirus pandemic. The five ...
Triangle Business Journal Magma Equities has paid $18 million, or about $141,732/room, for the shuttered Hyatt Place North Raleigh-Midtown hotel in Raleigh, N.C. The Manhattan Beach, Calif., real estate investment firm bought the 127-room property from a pair of limited ...
powered by Advanced iFrame free. Get the Pro version on CodeCanyon.
Subscribe to our Weekly Newsletter!
© Commercial Real Estate Direct All rights reserved.
© var theDate=new Date() document.write(theDate.getFullYear()) Commercial Real Estate Direct All rights reserved.