Login

Largest Delinquent CMBS Loan Sold, Hope for Macerich’s Santa Monica Mall, Bank of America Raises Forecast

A Weekly Look at the Commercial Mortgage-Backed Securities Business
A $308 million loan on 1740 Broadway in New York was reportedly sold to Yellowstone Real Estate Investments. (CoStar)
A $308 million loan on 1740 Broadway in New York was reportedly sold to Yellowstone Real Estate Investments. (CoStar)
CoStar News
April 25, 2024 | 2:08 P.M.

Largest Delinquent CMBS Loan Sold: A $308 million loan on the Blackstone-owned 1740 Broadway office building in New York was sold to Yellowstone Real Estate Investments, according to reports from Morningstar Credit and Commercial Observer.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE