Commercial Real Estate Direct Staff Report The $506.3 million CMBS loan against a portfolio of 31 apartment properties in the New York City boroughs of Queens, Manhattan, Brooklyn and the Bronx formally has transferred to special servicer KeyBank. The transfer, first highlighted in a TreppWire alert, shouldn’t be a surprise as the loan, which had […]

The post Large, Matured CMBS Loan on NYC Apartments Moves to Special Servicer appeared first on Commercial Real Estate Direct.