The $170 million loan on a 312-unit portfolio of Manhattan rental apartments owned by the Parkoff Organization has gone into special servicing due to “imminent monetary default,” according to an email from Fitch Ratings. Morgan Stanley originated the full-term, interest-only loan—now in the hands of CWCapital Asset Management—in March 2007. The loan, which is due to … Continue reading Parkoff CMBS Loan Goes Into Special Servicing