The Real Deal DAOL Asset Management, which had held a $205 million mezzanine loan against 285 Madison Ave. in Manhattan, has taken title to the 511,208-square-foot office building through a foreclosure under the Uniform Commercial Code. The property was owned by RFR Holding, which had paid $189 million for it in 2012. It is also encumbered […]

The post Mezz Lender Takes Manhattan’s 285 Madison Ave. Through Foreclosure appeared first on Commercial Real Estate Direct.