196. Storm Brewing… CRE Issues May be Least of Concerns; Retail Extensions; Rental Rates 101
The TreppWire Podcast: A Commercial Real Estate Show
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Extensions for Retail Properties
Maisrich: There were more green shoots beyond just that Bridgewater story. The avenues, which is a 600,000 square foot property in Jacksonville, Florida,. it backs a big 2013 loan, 110 million in aggregate. Recent special service or comments indicate that a three year extension is being discussed and could close by the end of June. This will be a great outcome if this loan does in fact get extended. And then Martha, before we got on this call pointed out that the depthford mall, which backs another 2013 deal looks like it will be extended as well. Do you think that there's going to be a similar fate for those where we see the extent and pretend or we see a
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