Gothamist Sugar Hill Capital Partners faces losing certain apartment buildings it owns in upper Manhattan to foreclosure as it has fallen behind on its mortgage payments. The New York investment manager had purchased a portfolio of 53 apartment properties, mostly in the Harlem and Washington Heights areas, in 2018 for $250 million from E&M Associates. That […]
The post Sugar Hill Capital Falls Behind on Mortgages Against Manhattan Apartments appeared first on Commercial Real Estate Direct.
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