Commercial Real Estate Direct Staff Report The $27.5 million CMBS loan against the 82,350-square-foot mixed-use property at 20 West 37th St. has transferred to special servicer Rialto Capital Advisors. The collateral property, a 12-story building with office and retail space, was only 53 percent occupied last year and generated nowhere near enough cash flow to […]

The post $27.5Mln CMBS Loan Against Manhattan Property Transfers to Special Servicing appeared first on Commercial Real Estate Direct.