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CMBS Loan on Philly Class B Office Property Seals 30-Month Extension

The $38 million CMBS loan on One South Broad Street, a Class B office building in Philadelphia, was just extended by 30 months. ....

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David Werner Real Estate Investments Buys $180M Pfizer Office Campus

David Werner Real Estate Investments Buys $180M Pfizer Office Campus
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Starwood, BMO Lend $95M on David Werner's Pfizer Life Sciences Campus Acquisition – Commercial Observer

David Werner Real Estate Investments has acquired a 1.9 million-square-foot life sciences and office campus in Collegeville, Pa. ....

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Inside the Room: How Handing Back the Keys On Commercial Real Estate Works – Commercial Observer

Amid generational office distress, Commercial Observer explains what happens in negotiations when borrowers hand back the keys. ....

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GFP Real Estate Sidesteps Foreclosure at 515 Madison — For Now

GFP Real Estate’s Jeff Gural has had a rough few months but seems to be bringing the ship onto an even keel. ....

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