One of the Moinian Group’s premier properties is now in the hands of special servicing. A $131.5 million commercial mortgage-backed securities (CMBS) loan was secured by 2 Washington Street, a 483,000-square-foot, 22-story mixed-use complex near the southern tip of Manhattan that leased short-term rental units. Cash flow issues led to the CMBS loan’s transfer to […]
This content is for informational purposes only and does not constitute investment advice. Always consult with qualified professionals before making investment decisions.
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