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Home / Industry / Banking & Finance / Default predicted for ‘troubled’ Eastview mall loan (access required)

Default predicted for ‘troubled’ Eastview mall loan (access required)

The $210 million loan against Eastview Mall, labeled in February as "troubled" by Moody's Investor Service, has been transferred to special servicing and is in danger of default, an industry analytics and advisory service reported. Trepp said a $90 million portion of the commercial mortgage-backed security (CMBS) on the Victor mall requires interest-only payments until maturity, ...
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