Commercial Real Estate Direct Staff Report The owner of the 218,162-square-foot office property at 393-401 Fifth Ave. in midtown Manhattan has negotiated an 18-month extension of the property’s $75 million CMBS loan. The extension, through July 2026, was highlighted by Morningstar Credit Analytics. The loan, securitized through Citigroup Commercial Mortgage Trust, 2015-GC27, transferred to special servicer […]

The post $75Mln CMBS Loan on Manhattan Office Gets 18-Month Extension appeared first on Commercial Real Estate Direct.