The building generated about $6.6 million in net operating income when the loan was written in 2014, however that number has now fallen to under $4.4 million in 2022.
Today In CRE's Collapse: Philadelphia's 1515 Market Put Into Special-Servicing With $59.4 Million Left On Mortgage
| Source: | https://www.zerohedge.com/markets/today-cres-collapse-1515-market-philadelphia-put-special-servicing-594-million-left |
| Published: | Feb 15, 2024 |
| Author: | Tyler Durden |
| Post Date: | 2024-02-15 23:19:03 by Horse |
| Views: | 55 |