The last remaining asset in the collateral pool of a 2008 CMBS deal has been liquidated, resulting in another $33.72 million of losses to the trust. The asset, the 145,291-square-foot office building at 255 Rockville Pike in Rockville, Md., was ...
Dallas Business Journal A venture of Chartres Lodging Group and Elliott Investment Management has lined up $300 million of financing against the Sheraton Dallas hotel. The financing consists of a $270 million senior loan and a $30 million mezzanine piece, ...
Commercial Real Estate Direct Staff Report Olshan Properties has acquired the 50 percent stake it didn't already own in the Fair Oaks Mall in suburban Washington, D.C., as part of a deal that included the negotiation of a three-year term ...
Commercial Real Estate Direct Staff Report The 325-room Trumbull Marriott Shelton hotel near the Merritt Parkway in the Fairfield County, Conn., town of Trumbull, Conn., has been appraised at a value of $7.3 million - just 37 percent of the ...
CMBS loans against office properties continued to get pushed into special servicing last month, driving overall volumes in special servicing up by 1.57 percent to $43.08 billion. To be sure, office loans weren't the only ones with issues. The volume ...
Rialto Capital Advisors was the top buyer of CMBS conduit B-pieces during the first quarter, with the acquisition of the most-subordinate classes of two deals totaling $1.57 billion. Prima Capital was the most-active retainer of risk during the quarter, taking ...
The private-label CMBS market was on fire during the first quarter, at least when compared with the same period a year ago. A total of 23 conduit and single-borrower transactions with a total balance of $17.85 billion priced during the ...
The volume of CMBS loans that are more than 30 days late with their payments declined by $310 million last month, to $27.66 billion, according to Trepp Inc. The delinquency percentage rate dropped to 4.68 percent from 4.7 percent. Delinquencies ...
Crain's Chicago Business A venture of Goldman Sachs and Magnolia Capital is offering for sale the 270-unit Vantage Oak Park Apartments in Oak Park, Ill., about nine miles west of Chicago. The venture has hired CBRE to market the property, ...
Commercial Real Estate Direct Staff Report The 69,004-square-foot office property at 149 New Montgomery St. in San Francisco last December was appraised at a value of $20.7 million, just less than the $21 million of mortgage debt against it. The ...
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