Extension Eyed for Distressed 20 Times Square Loan
An extension on a $900 million CMBS loan for Maefield Development’s 20 Times Square property is now possible to avert foreclosure.
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An extension on a $900 million CMBS loan for Maefield Development’s 20 Times Square property is now possible to avert foreclosure.
The suit alleges that the owner of 20 Times Square, home of the Times Square Edition hotel, defaulted on a $750 million loan in May.
The suit alleges that the owner of 20 Times Square, home of the Times Square Edition hotel, defaulted on a $750 million loan in May.
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