#commercial-mortgage-backed-securities

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#multifamily-real-estate #loan-delinquency #brooklyn-property-management #special-servicing
NYC real estate
fromtherealdeal.com
2 days ago

Brooklyn multifamily portfolio transferred to special servicing

A seven-building Brooklyn multifamily portfolio operated by B&H Management is delinquent on a $22.5 million securitized loan, transferred to special servicing despite strong financial metrics and full occupancy.
Real estate
fromwww.bloomberg.com
6 months ago

Bondholders of NYC's Worldwide Plaza Face $488 Million in Losses

Worldwide Plaza’s appraisal plunged to $345 million from $1.74 billion, risking significant losses for senior bondholders and wiping out lower-ranking debt.
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