20 Times Square Loan Returns to Special Servicing
A commercial mortgage-backed securities (CMBS) loan secured by a 99-year ground lease on Maefield Development’s 20 Times Square property has returned to special servicing, according to an alert from Morningstar Credit.
Summary
The $647.
A commercial mortgage-backed securities (CMBS) loan secured by a 99-year ground lease on Maefield Development’s 20 Times Square property has returned to special servicing, according to an alert from Morningstar Credit. The $647.5 million of outstanding CMBS debt from the Times Square Trust 2018-20TS single-borrower deal originated by Natixis in 2018 transferred to the special […]
Source
- Commercial Observercommercialobserver.com
