In 2017 alone, over $35 billion in CMBS loans were exposed to risk of default by retailers declaring bankruptcy, according to New York City-based Trepp LLC, which monitors the performance of securitized commercial mortgages.
Oviedo, Fla. — SRS Real Estate Partners has arranged the $1.4 million sale of Riverside Retail Shoppes, a 10,493-square-foot shopping center in Oviedo, a city 20 miles northeast of Orlando.
Great Barrington, Mass. — Westport, Conn.-based Paragon Realty Group has purchased Barrington Plaza, a grocery-anchored community shopping center in Great Barrington.