[New post] Sale of Irving, Texas, Office Property Resolves Potentially Troubled CMBS Loan

Dan Moynihan posted: "Commercial Real Estate Direct Staff Report Menlo Equities' acquisition of Royal Ridge, a 505,948-square-foot office property in Irving, Texas, resulted in the pay off of a $45.4 million CMBS loan that remained outstanding after its maturity. The loa" New post on Commercial Real Estate Direct Sale of Irving, Texas, Office Property Resolves Potentially Troubled CMBS Loan by Dan Moynihan Commercial Real Estate Direct Staff Report Menlo Equities' acquisition of Royal Ridge, a 505,948-square-foot office property in Irving, Texas, resulted in the pay off of a $45.4 million CMBS loan that remained outstanding after its maturity. The loan, securitized through Morgan Stanley Capital I Inc., 2011-C3, had matured on Aug. 1, and then was classified […] Read more of this post Dan Moynihan | September 21, 2021 at 1:10 pm | Categories: General News | URL: https://wp.me/pcdE10-2iLA Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2021/09/21/sale-of-irving-texas-office-property-resolves-potentially-troubled-cmbs-loan/