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Thursday, 11 July 2019

Rialto Capital Puts Wis. Shopping Mall on Sales Block

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Commercial Real Estate Direct Staff Report

Rialto Capital Advisors has placed the Wausau Center shopping mall in central Wisconsin on the sales block.

The Miami special servicer had taken over the property two years ago by foreclosing against what then was a $17.2 million mortgage that was securitized through WF-RBS Commercial Mortgage Trust, 2011-C4. The loan encumbered 235,656 square feet of the 424,044-sf shopping center, which sits within an opportunity zone along the Wisconsin River in downtown Wausau, some 100 miles west of Green Bay.

The property, constructed in 1983, sits on land owned by the city of Wausua. It had been owned by CBL & Associates Properties Inc., but the Chattanooga, Tenn., REIT gave up on the property when it lost its anchor tenants.

Wausau Center previously had been anchored by a JCPenney, which had leased 85,756 sf;...


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Additional Info

  • Syndicate to Realpoint: No
  • States: Wisconsin
  • Sector: Retail
  • Subject: Property Offerings (OFF)
  • Private: Yes
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Data Digest







Top Bookrunners Domestic, Private-Label CMBS - 2017
Investment Bank #Deals Vol$mln MktShr%
Goldman Sachs 17.59 11,819.34 13.68
JPMorgan Securities 14.52 10,968.11 12.70
Citigroup 12.04 10,012.71 11.59
Wells Fargo Securities 14.02 9,936.06 11.50
Deutsche Bank 12.55 9,879.74 11.44




cppichart FP



CMBS 2.0 Spreads


Top CMBS Loan Contributors - 2017
Lender #Loans Vol$mln MktShr%
Goldman Sachs 146.89 11,719.34 13.63
JPMorgan Chase Bank 117.68 10,114.14 11.76
Deutsche Bank 198.48 9,689.97 11.27
Morgan Stanley 166.18 8,539.78 9.93
Citigroup 199.05 8,088.24 9.41





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