Chicago, Illinois, March 12, 2025 (GLOBE NEWSWIRE) -- Mag Mile Capital, Inc. (OTCQB: MMCP) ("Mag Mile", or the "Company") is ...
SL Green and RXR acquired a 49.9 percent ownership stake in the property in 2017, valuing the 35-year-old Postmodern tower at ...
The office sector distress rate finished February at 19.3 percent, an increase of 160 basis from January, according to CRED ...
Wells Fargo sued JPMorgan and Meyer Chetrit, alleging the lender and borrower on a national multifamily deal knew a $481 ...
According to a Barclays CMBS report from March 7, the GSA reversed some terminations, having deemed them necessary for agency ...
The multifamily communities are 1970s vintage Class C assets being refinanced after two years of ownership. The CMBS ...
Commercial property loan delinquency fell to 0.63% by Q3 2022. But it has risen steadily since and now sits at a decade-high ...
Special servicer commentary in Morningstar Credit's CMBS database says the loan wasn't paid in full when it matured on Feb. 6 ...
“Together’s deal is very granular commercial property,” said Alastair Bigley, managing director leading European RMBS at S&P.
“This beautiful asset’s massive cash out represents how best a developer should use a non-recourse CMBS loan product to repatriate their equity out to recycle for growth and diversification.
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