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The trio of malls collateralizing the new mortgage include two well-performing mall as well as a troubled Florida super-regional shopping center.
April 23 -
Destiny USA, one of the largest malls in the nation, is struggling to pay its mortgage, according to a published report.
April 17 -
Sheldon Oak Central, a Connecticut affordable housing developer, is at risk of losing half a million dollars in federal subsidies if it can't come up with cash to rehab one of its aging properties.
April 15 -
A strong real estate market is helping drive up residential property values across Scott County, Iowa, as many homeowners are seeing in assessment notices from the assessor's office.
April 12 -
Multifamily and commercial lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion.
April 11 -
The commercial mortgage-backed securities delinquency rate increased for the first time since October lead by a 31-basis-point rise in late payments for loans secured by retail properties, Fitch Ratings said.
April 8 -
The fate of U.S. office markets is intertwined with that of the biggest technology companies, Starwood Capital Group Chairman Barry Sternlicht said.
April 3 -
A $54-million project to build upscale condominiums at the edge of downtown Detroit has been canceled, unable to get financing, and the Plan B is to put a hotel there.
March 25 -
The money for a proposed $300 million sports complex at a foreclosed famed New York Catskills Mountain hotel was not produced by a March 22 deadline.
March 21 -
The California banking company has two loans tied to DC Solar that are on nonaccrual status.
March 15