Liberty Centre, a 17-story, 275,000-square-foot high-rise in Portland, OR’s Lloyd District, is for sale after returning to its lender in December, reported the Portland Business Journal. The property, at 650 N.E. Holladay St., was returned to its lender at the…
San Francisco-based Frontline Realty Capital acquired one of the first Oakland office properties seized by its lender post-pandemic for a fraction of its 2018 purchase price, according to the San Francisco Business Times. Frontline scooped up 1440 Broadway, a 10-story,…
The Orlando Business Journal reported that downtown Orlando’s most prominent retail property has sold under court order for a little more than half of what it last traded for just over a decade ago. Los Angeles-based RP Plaza Retail and…
Highgate is handing over the 686-room Hyatt Regency San Francisco Downtown SoMa to its lender, the San Francisco Business Times reported. Per a deed-in-lieu of foreclosure filing on Dec. 11, Highgate transferred the deed to an affiliate of Blackstone Mortgage…
Houston-based Radom Capital, a real estate investment and development firm focused on mixed-use properties, has purchased out of foreclosure the retail portion of developer StoryBuilt’s Willa mixed-use condo development on South First Street in Austin, reported the Austin Business Journal….
The Dilweg Cos. turned ThExchange office park in Charlotte over to Ares Management, the Charlotte Business Journal reported. The property’s $68.6-million loan matured in May and became nonperforming that same month. Ares initiated foreclosure proceedings on the property at 5510…
FRI Investors is said to be paying a little less than $100 million, or $71.43 per square foot, for the 68% leased, 1.4-million-square-foot office building at 70 West Madison St. in Chicago, Trepp reported, citing Crain’s Chicago Business. The West…
201 N. Charles St., an office property in downtown Baltimore, sold on August 15 for $3.1 million via an online auction on TenX to an unidentified buyer, according to the Baltimore Business Journal. State records show the seller was RSS…
Urban Edge Properties has lost the Kingswood Center mixed-use property in Brooklyn to foreclosure, reported Trepp. The REIT had purchased the property, at 1630 East 15th St. in the borough’s Midwood section, in 2020 for $88.8 million, subject to the…
One of the two original developers behind the Tri-County Mall project has formed a new ownership group and completed the repurchase of the Springdale, OH property, reigniting hopes for its $1-billion transformation into a mixed-use development, the Cincinnati Business Courier reported….
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