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Philadelphia Business Journal TF Cornerstone has been identified as the buyer of the $62.39 million loan against Philadelphia's famed Wanamaker Building. The CMBS loan, which had matured a year ago, had been with special servicer Greystone Servicing Co. since April ...
Commercial Real Estate Direct Staff Report The $62.39 million CMBS loan against Philadelphia's famed Wanamaker Building has been sold for $25.16 million, resulting in $44.97 million of losses to the loan, after fees and other expenses, for a 72.08 percent ...
Commercial Real Estate Direct Staff Report A discounted payoff of the $124 million of mortgage debt encumbering downtown, or Center City, Philadelphia's historic Wanamaker Building might be in the cards. That would help facilitate plans by the property's owner, an ...
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