State Farm Mutual Automobile Insurance Co.’s efforts to consolidate its scattered office presence into four regional headquarters finally has prompted the transfer of a $383.5 million CMBS loan to special servicing. The portfolio of suburban office buildings also supports $86 million of mezzanine financing.
The post State Farm’s Space-Consolidation Effort Pushes Large CMBS Loan to Special Servicing appeared first on Commercial Real Estate Direct.
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