Martin Selig Real Estate has warned that it would be unable to pay off the $379.1 million of financing against nine of its office properties in and around Seattle when it comes due in April. That’s on top of it indicating that it would give two other buildings to the lender holding a $221 million loan against them.

The post Martin Selig Says Can’t Pay Off $379.1Mln of Maturing CMBS Debt on Offices appeared first on Commercial Real Estate Direct.