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Deal Name: 2018-FL1
Philadelphia’s Historic Wanamaker Building Sees 71 Percent Drop in Appraised Value
Commercial Real Estate Direct Staff Report The Wanamaker Building, a historic property with 954,363 square feet of office space in downtown, or Center City, Philadelphia, has had its appraised value slashed by 71 percent, to $52.4 million. The latest appraisal, ...
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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.
