David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Bloomberg Name: COMM 2019-521F
Lender Aims to Foreclose on $242Mln Loan Against Manhattan’s 521 Fifth Ave. Office
Crain's New York Business The CMBS trust that holds a $242 million loan against 521 Fifth Ave. in midtown Manhattan has filed a pre-foreclosure suit to take over the 495,636-square-foot office property. The loan is securitized through COMM, 2019-521F, and ...
$242Mln Loan Against Manhattan’s 521 Fifth Ave. Transfers to Special Servicing
Commercial Real Estate Direct Staff Report The $242 million loan against the 495,636-square-foot office property at 521 Fifth Ave. in midtown Manhattan has transferred to special servicer LNR Partners as it wasn't paid off at its June maturity. The property ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
