Midland Loan Services
225 Bush CMBS Loan Liquidates With $139.6MM Loss After Flynn’s $221MM Note Buy of 581,000 SQFT San Francisco Tower
The $350 million CMBS loan on 225 Bush St., the century-old former Standard Oil headquarters in San Francisco's Financial District, has been fully...
Seven Equity Group Selected to Buy Shuttered 1.5MM SQFT San Francisco Centre
New York-based Seven Equity Group, a specialist in repositioning distressed retail, has been selected to buy the vacant San Francisco Centre on Market...
Flynn Properties Takes 585,000 SQFT 225 Bush via Deed in Lieu After $221MM Loan Buy in San Francisco
Flynn Properties has now bought both 225 Bush St. and Market Center by acquiring the loan and taking a deed in lieu, getting...
Trust Exposure on San Francisco Centre Hits $351MM as Presidio Bay, Prado Group Abandon 1.5MM-SQFT Redevelopment Weeks Before Loan Maturity
Loan-level data from Morningstar Credit shows bondholders on the shuttered San Francisco Centre carrying $351.3 million of total exposure against a property with...
Itron to Vacate 191,000 SQFT Footprint at Champion Station in San Jose, Triggering Cash Trap on $80MM CMBS Loan
A North San Jose technology campus that has carried full occupancy through a decade of securitized debt is now staring down the loss...
