Midland Loan Services

David Schectman of Meridian Capital (top), Michelle Abramov of RIPCO (bottom), and 130 Bowery.

Mixed-Use · Investments & Sales

Landmarked Bowery Savings Bank Building Sells For $21M

By Larry Getlen

Dino Paparelli, Deutsche Bank Securities, and the Clock Tower Building in Santa Monica, Calif.

Office · Finance

Santa Monica Clock Tower Loan Hits Special Servicing

By Nick Trombola

107 Broadway.

Retail · Finance

Crown, Morgan Stanley Fund Face Pre-Foreclosure at 170 Broadway

By Isabelle Durso

717 14th Street NW

Finance

DC Office Building Faces Imminent Default on $38M Loan

By Keith Loria

Cipriani

Finance

Cipriani Locations Avoid Foreclosure With Loan Modification

By Andrew Coen

Finance

Seven Percent of CMBS World Hit Special Servicing in First Half of 2020

By Mack Burke

While the unprecedented wave of thousands of relief requests since mid-March has slowed, Fitch Ratings is expecting it to pick back up this month as delinquencies rise.

Industry · Finance

CMBS Debt Relief Requests Slow, Special Servicing Transfers Climb

By Mack Burke

Over 5,400 CMBS borrowers have inquired to servicers about COVID-19 relief since mid-March, when the first impacts of the virus were felt.

Finance

CMBS Borrower Relief Inquiries Continue to Climb, Requests Surpass $100B

By Mack Burke

Do Not Disturb Sign On Door Handle

Hospitality · Finance

Stay of Execution: COVID-19 Has Hotel CMBS Backed into a Corner

By Mack Burke

The Flatiron Hotel.

Hospitality · Finance

Flatiron Hotel Files for Bankruptcy Following Drawn-Out Legal Saga

By Matt Grossman

Ann Hambly.

Finance

The CMBS Middlewoman: Ann Hambly Talks Borrower Advocacy and Bondholders

By Cathy Cunningham

Wells Fargo.

Finance

Wells Fargo Sets Defeasance Record

By Damian Ghigliotty