Capital One is offering for sale a nonperforming $110.24 million mortgage against the leasehold interest in five office buildings in Manhattan’s Midtown South submarket. The bank, which in 2019 provided the loan – then with a balance of $120 million – has hired JLL Capital Market’s loan-sales team to sell it.
The post Capital One Offers Distressed $110.24Mln Loan Against 5 Manhattan Offices appeared first on Commercial Real Estate Direct.
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