Rare Loss for Times Square Hotel Loan: Credit-rating firm DBRS Morningstar has placed the commercial mortgage-backed bonds holding the loan on land underneath a hotel in Manhattan’s Times Square under review with negative implications.
Rare Loss for Times Square Hotel Loan, Bank of America Dims Apartment Outlook, Refinancing Risk Not Confined to Offices
A Weekly Look at the Commercial Mortgage-Backed Securities Business
CoStar News
May 25, 2023 | 11:46 AM
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- Properties
- Row NYC
700 8th Ave, New York, NY
- Companies
- David Werner Real Estate
Real Estate
- Fannie Mae
Finance and Insurance
- Freddie Mac
Finance and Insurance