Mall owner Taubman has secured a $1 billion loan collateralized by Dolphin Mall Miami in Sweetwater, Fla., this week, Commercial Observer has learned. The 1.4 million-square-foot super-regional mall is one of the highest-volume shopping centers in the United States, and surpassed pre-pandemic income in 2021, according to CMBS loan documents. Net income averaged more than ...

Rockrose Development has nabbed a $240 million debt package for its planned residential skyscraper project in Brooklyn, according to New York City Department of Finance property records filed Wednesday morning.  Wells Fargo provided a $214.4 million building loan and $25.6 million construction loan for Rockrose’s 49-story development in Brooklyn’s Fort Greene neighborhood that will comprise  ...