Lender Sues Downtown Miami WeWork Landlord Over Unpaid Loan
117 Northeast First Avenue (Getty, Gut Miami via Twitter) UPDATED, Jan. 26, 2:15 p.m.: The owners of a historic downtown Miami office building that is fully leased to WeWork are facing a foreclosure lawsuit. Platform Capital Funding sued the owners of the Security Building, tied to an outstanding loan. The lender is seeking more than $46 million, including principal, interest, late fees and a deposit from a failed sale of the building, according to court records. The complaint was filed against...
Source: therealdeal.com