Commercial Observer The $32.7 million CMBS loan against the 102,219-square-foot office building at 385 Fifth Ave. in Manhattan has been extended for another three years. The loan, securitized through Morgan Stanley Bank of America Merrill Lynch Trust, 2013-C12, had matured in June. It pays a 4.41 percent coupon and has been amortizing on a 30-year […]
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