The Real Deal New York

Posts Tagged ‘hampshire hotels’

  • Midtown Dream Hotel loan troubled

    May 06, 2009 11:40AM

    A $100 million loan secured by the Dream Hotel at 210 West 55th Street
    in Midtown was put on a special servicer status, indicating the
    possibility it may become delinquent, according to loan tracking agency
    Trepp. The loan payment was late in April but the note was not in default, Trepp determined. A loan packaged in a commercial mortgage backed security is transferred
    to a special servicer when there is a possibility of default. [more]