Commercial Observer Principal Financial Services has filed a motion to foreclose on the $60.6 million loan it holds against the 176,016-square-foot Liberty Building at 1129 20th St. NW in Washington, D.C. The building is owned by a venture of Monument Realty and Ares Management, which had purchased it in 2020 for $85 million from Liberty […]

The post Principal Financial Moves to Take Washington, D.C., Office in Foreclosure appeared first on Commercial Real Estate Direct.