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$420M CMBS Loan Backed by 51 West 52nd Exits Special Servicing, Secures Extension
A $420 million commercial mortgage-backed securities (CMBS) loan secured by 51 West 52nd Street — a 38-story tower with 893,000 square feet of office space in Midtown — will exit special servicing aft
•schedule1 min read•Source: Commercial Observer
A $420 million commercial mortgage-backed securities (CMBS) loan secured by 51 West 52nd Street — a 38-story tower with 893,000 square feet of office space in Midtown — will exit special servicing after sponsor Harbor Group International closed a loan extension. The $420 million CMBS loan — which makes up DBGS 2021-W52 single-asset, single-borrower deal […]