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Friday, September 30, 2022

[New post] Suburban Philadelphia Office Subject of Deed-In-Lieu of Foreclosure

Site logo image Dan Moynihan posted: "Commercial Real Estate Direct Staff Report A fund affiliate of Keystone Property Group that owns the 133,115-square-foot One Presidential Blvd. office building in the Philadelphia suburb of Bala Cynwyd, Pa., has offered to give the property to its CMBS" Commercial Real Estate Direct

Suburban Philadelphia Office Subject of Deed-In-Lieu of Foreclosure

Dan Moynihan

Sep 30

Commercial Real Estate Direct Staff Report A fund affiliate of Keystone Property Group that owns the 133,115-square-foot One Presidential Blvd. office building in the Philadelphia suburb of Bala Cynwyd, Pa., has offered to give the property to its CMBS lender in a deed-in-lieu of foreclosure. The building is encumbered by a $28.85 million mortgage that's […]

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at September 30, 2022
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