March 14, 2025

CMBS

Home CMBS
Loans

Beacon Capital to Default on $370M Loan for Chicago’s AMA Plaza

  • August 15, 2024

Fred Seigel’s firm looks like it’s fed up with its floating interest rate on a massive Chicago office tower loan. His Boston-based Beacon Capital Partners’ $370 million commercial mortgage-backed securities loan moved to special servicing in recent weeks, a sign the borrower is likely to default on the debt tied to the 1.2 million-square-foot skyscraper

Read More
Loans

Brookfield Defaults on $66M CMBS Loan Backed by Mesquite Mall

  • July 10, 2024

Retail real estate is booming in Dallas-Fort Worth, but some owners hamstrung by high interest rates are still struggling to pay the bills.  That’s what happened to Brookfield Properties’ Town East Mall in Mesquite.  The Toronto-based commercial real estate company has been struggling for more than four years to pay off a CMBS loan package

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline