Unibail-Rodamco-Westfield (URW) has paid off a $350 million loan tied to the Westfield Montgomery shopping mall in Bethesda, Md., more than two years after the debt was transferred to special servicing. The 1.2 million-square-foot mall’s loan had been scheduled to mature Aug. 1, Bisnow reported. Morningstar Credit described the payoff as a “rarity in a […]
This content is for informational purposes only and does not constitute investment advice. Always consult with qualified professionals before making investment decisions.
Related Reading
trending_up
market update1m
New Apartment Building in Berkeley Heights Live-Work Campus Opens Doors
trending_up
market update1m
Center City Office Owners Secure $50M For Lease-Up Effort: The Philadelphia Deal Sheet
trending_up
market update1m
LaSalle IM, Camber Pick Up Long Island Industrial Portfolio
Get Daily Insights Like This
Join thousands of CRE investors receiving market updates, deal analysis, and tenant intelligence daily.
Subscribe Free