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Commercial Real Estate Direct Staff Report Chronic cash flow issues at Park Place at Florham Park in northern New Jersey could soon result in its transfer to the CMBS trusts holding a $62.5 million loan against the 360,265-square-foot office complex. ...
Commercial Real Estate Direct Staff Report The owner of the Tryad Industrial & Business Center in Rochester, N.Y., is past due on $2.4 million of the 3.5 million-square-foot property's utility bills, prompting the transfer of its $98.57 million CMBS loan ...
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