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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.
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Eastdil has been appointed to find a buyer for loan against One Poultry.
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The lease helped building owner J.H. Synder obtain a financing extension from its lender.
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While not a household name, industry experts say Yardi may be the right fit for a recovering WeWork.
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Cousins CEO Colin Connolly said the firm is seeing an uptick in regional HQs migrating to Tampa, Phoenix and Atlanta.
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Payments on a $21.7M loan secured by the property are delinquent.
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The ousted CEO seeks to take over his old company, although his rumored financial partner has distanced itself.
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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.
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Almacantar drew down debt against another building and used it to repay part of a debt facility on Southbank Place.
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Regus is moving into a former WeWork building in Miami Beach.
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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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