The Holiday Inn FiDi, with 492 rooms at 99 Washington St. in lower Manhattan, has received court approval to be used as a shelter for illegal immigrants, according to a report in Crain’s New York Business. The hotel serves as collateral for $87.03 million of CMBS debt that has been with special servicer Midland Loan […]
The post Troubled CMBS Loan Against Lower Manhattan Hotel Gets Reprieve appeared first on Commercial Real Estate Direct.
Leave A Comment