[New post] Louis Joliet Mall Taken by 2012 CMBS Trust with Large Retail Exposure

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report Louis Joliet Mall in the Chicago suburb of Joliet, Ill., which in late November was taken through foreclosure by the CMBS trust that held $85 million of financing against it, has been appraised at a value of $" New post on Commercial Real Estate Direct Louis Joliet Mall Taken by 2012 CMBS Trust with Large Retail Exposure by Dan Moynihan Commercial Real Estate Direct Staff Report Louis Joliet Mall in the Chicago suburb of Joliet, Ill., which in late November was taken through foreclosure by the CMBS trust that held $85 million of financing against it, has been appraised at a value of $65.2 million. While that's less than half the $131.8 million appraised value […] Read more of this post Dan Moynihan | January 12, 2022 at 1:05 pm | Categories: General News | URL: https://wp.me/pcdE10-2k7h Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2022/01/12/louis-joliet-mall-taken-by-2012-cmbs-trust-with-large-retail-exposure/