Wilmington Trust

A 20-building office campus at 11501 Outlook Street in Overland Park, Kan.
Office

Creditor Takes Hit on Office-Backed CMBS Debt

When an underlying loan for a 20-building campus was sold at discount, the riskiest portion was wiped out.

Dees Stribling - May 29, 2025
Exterior shot of Continental Center, a 41-story, 1.17-million-square-foot office tower in Manhattan's financial district.
Finance

Manhattan Tower Lands $193M Refi

Wilmington Trust originated the note, according to CommercialEdge.

Maria Maruta - April 23, 2025
1211 Avenue of the Americas
Office

Fox to Exit 330 KSF at Manhattan Trophy Tower

Beyond the impending decline in occupancy, the property’s owners are also facing a maturing $1 billion CMBS loan.

Gail Kalinoski - March 28, 2025
Aerial shot of Bensalem Shopping Center
Retail

Empire Realty Sells Philly Shopping Center

This grocery-anchored property previously traded in 1989.

Diana Firtea - March 11, 2025
Aerial shot of Westend Square, a 152,335-square-foot retail center in Tallahassee, Fla.
Retail

Milbrook Properties Buys Tallahassee Shopping Center

Institutional Property Advisors represented the seller and procured the buyer.

Maria Maruta - February 6, 2025
Exterior shot of The Gas Company Tower, a Class A 1.3 million-square-foot office tower in downtown Los Angeles.
Office

Downtown LA Tower Trades for $200M

Wilmington Trust sold the asset after foreclosing on a $350 million loan earlier this year.

Maria Maruta - December 11, 2024