Subject: Loan Offerings (LOAN)

Hartz Mountain Industries in recent months had offered to pay off a troubled $80 million CMBS loan against its 358-room Sheraton Lincoln Harbor Hotel in Weehawken, N.J., only to have that bid rejected by the loan's special servicer. It's now ...

Dornin Investment Group has purchased the $185.6 million nonperforming loan against Campanile Plaza, a 445,000-square-foot office building in Atlanta's Midtown market. The Laguna Beach, Calif., investment manager bought the loan from Square Mile Capital Management and H.I.G. Realty Partners, which had ...

Opportunities to invest in distressed properties or loans, which generally have been elusive during the coronavirus pandemic, might finally be materializing. Sales of distressed assets haven't materialized in part because of government rules that effectively allowed property owners and lenders ...

Kohan Retail Investment Group has purchased the distressed $62.7 million loan against the Burnsville Center shopping mall outside of Minneapolis. The Great Neck, N.Y., company paid a total of $20 million for the loan, which was securitized through GS Mortgage ...

Taconic Capital Advisors has purchased the last two assets in the collateral pool of GE Commercial Mortgage Corp., 2007-C1. Those are the 428,629-square-foot 1111 Fannin St. office building in Houston that the New York investor bought in a venture with ...

Only $26.2 billion of commercial property sales took place in October, down 14.6 percent from the $30.7 billion of volume that took place in September and 52.2 percent from the $54.9 billion of deals that were recorded last October, according ...

Commercial Observer Hana Financial Investment is offering for sale two performing construction loans against hotel and office projects in Manhattan. The Korean lender is looking to sell a $145 million loan against a 98-room hotel that Caspi Development is constructing ...

Crain's New York Business A New York State Supreme Court judge temporarily halted the auction of four junior mezzanine loans that CIM Group had provided against four residential condominium buildings in Manhattan. The ruling came after HFZ Capital Group, which ...

Commercial Real Estate Direct Staff Report The $62.7 million distressed loan against the Burnsville Center shopping mall in suburban Minneapolis received a winning bid of $17.1 million at an auction conducted in recent days on the Ten-X Commercial auction website. ...

Commercial Observer Davidson Kempner Capital Group has acquired the $100 million B-note against One Court Square, a 1.5 million-square-foot office building in Queens, N.Y. The company bought the note from SL Green Realty Corp. Cushman & Wakefield arranged the sale. The ...