70 percent leased. The property backs a $30 million loan that was securitized through Credit Suisse First Boston Mortgage Securities Corp., 2005-C5. The loan matures in 2015 and has a 5.64 percent coupon.
Property is largest apartment complex in Southfield
No price could be learned but Onyx Office Plaza was expected to sell for about $30Mln
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© 2023 Commercial Real Estate Direct All rights reserved..