CMBS Loan on 280 Park Avenue Hits Special Servicing, Modification in the Works – Commercial Observer
The $1.1 billion commercial mortgage-backed securities (CMBS) loan backed by SL Green Realty and Vornado Realty Trust (VNO)’s 43-story office ...
Tag: Servicing
Brookfield’s $148M Loan Backed By One Pierrepont Plaza Sent to Special Servicing – Commercial Observer
A Downtown Brooklyn building that’s home to the Metropolitan Transportation Authority’s 192,000-square-foot office may be facing distress. The $148 million ...
CMBS Special Servicing Volumes Decline in December by 1.63 Percent
CMBS special servicing volumes declined in December by 1.63 percent to $40.42 billion, according to Trepp Inc. That puts the ...
Big Loan on Another San Francisco Hotel Moves to Special Servicing – Commercial Real Estate Direct
Commercial Real Estate Direct Staff Report The Wanamaker Building, a historic property with 954,363 square feet of office space in ...
State Farm’s Space-Consolidation Effort Pushes Large CMBS Loan to Special Servicing
State Farm Mutual Automobile Insurance Co.'s efforts to consolidate its scattered office presence into four regional headquarters finally has prompted ...