Lender To Sell £104M Loan To WeWork-Let City Icon At A Discount
Eastdil has been appointed to find a buyer for loan against One Poultry.
Eastdil has been appointed to find a buyer for loan against One Poultry.
The lease helped building owner J.H. Synder obtain a financing extension from its lender.
While not a household name, industry experts say Yardi may be the right fit for a recovering WeWork.
Cousins CEO Colin Connolly said the firm is seeing an uptick in regional HQs migrating to Tampa, Phoenix and Atlanta.
Payments on a $21.7M loan secured by the property are delinquent.
The ousted CEO seeks to take over his old company, although his rumored financial partner has distanced itself.
Arciterra Cos. founder Jonathan Larmore is on the receiving end of a potential 20-year prison sentence, following an alleged fake $77M tender for WeWork stock.
Almacantar drew down debt against another building and used it to repay part of a debt facility on Southbank Place.
Regus is moving into a former WeWork building in Miami Beach.
Jonathan Larmore was found guilty of creating a fake $77M offer to buy WeWork shares to manipulate the coworking company's stock price.
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