Springer Capital Pays $240.2Mln for S.C. Apartment Portfolio
April 22, 2024
309-Unit Apartment Property Opens in Phoenix
April 22, 2024
A venture of Azure Partners and Nightingale Properties has paid $140 million, or about $187/sf, for a portfolio of 12 shopping centers with 750,000 square feet in nine states. A story published on Jan. 2, "Shopping-Center Portfolio Sold for ...
Normandy Real Estate Partners voluntarily chose not to sell parts of a 1.3 million-square-foot portfolio of office and industrial space that backs $109 million of debt that is securitized through Lehman Brothers Floating-Rate Commercial Mortgage Trust, 2007-LLF C5. A ...
The holder of the controlling-class bonds of Banc of America Commercial Mortgage Trust, 2007-1, assigned its purchase option for a delinquent $190 million CMBS loan against the StratReal Industrial Portfolio I to a third party that bought the loan. A ...
A story published Sept. 20, "CMBS Loan Against Government-Leased Portfolio Gets A-B Mod, Extension," mis-characterized part of the modification of a $284 million loan that was securitized through JPMorgan Chase Commercial Mortgage Securities Trust, 2007-LDP11. As a result of the ...
Chartres Lodging Group acquired the 360-room Radisson Plaza Hotel in Minneapolis from Carlson Group. A story published on April 18, Chartres-Carlson Venture Buys Minneapolis Hotel, misidentified the buyer. Carlson Group's Carlson Rezidor Hotel unit manages the hotel, at 35 South ...
The $48.6 million of debt against the Oviedo Marketplace, an Orlando, Fla.,-area shopping center that was sold for $7.6 million, was securitized through Morgan Stanley Capital I Trust, 2005-HQ6. A story published yesterday, "Florida Mall That Backed $48.5Mln CMBS Loan ...
Ridge Capital Investors, a San Francisco investor, had teamed with Redwood Real Estate Partners, a Rancho Santa Margarita, Calif., investment manager, to buy the TownCentre Apartments, with 137 units in Brentwood, Calif., for $19.625 million. A story published on Oct. ...
The Winthrop Realty Trust venture had paid 82 percent of par for $117.9 million of senior and subordinate debt against the so-called Cabi portfolio, which is comprised of 31 office properties with 4.5 million square feet in Southern California. As ...
The East Thunderbird Square South shopping center in Scottsdale, Ariz., backs a $27.18 million loan that's securitized through ML-CFC Commercial Mortgage Trust, 2006-1. A story published last week, Foreclosed Shopping Center Fetches Less than CMBS Loan Amount, had incorrectly tied ...
A $171.5 million loan against 400 South Hope St. in Los Angeles has been paid of at par. A story published on July 23, incorrectly stated how the debt was extinguished. The loan against the 701,535-square-foot property was securitized through ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..