Massachusetts Mutual Life Insurance Company v. Broadway 340 Madison Fee LLC et al
Case Number:
1:24-cv-03865
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Companies
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August 28, 2024
CRE Reset Heats Up As Lenders Take Fight To Guarantors
Remote work and high interest rates have dented commercial real estate values, but much of the fallout is yet to come. While the market waits for values to reset, some lenders are now turning to a strategy that indicates they are reaching their limit: pursuing guarantors.
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June 24, 2024
Real Estate Co. Fights Back Against $315M Loan Default Suit
An RXR entity mostly denied loan default claims lodged in New York federal court by Massachusetts Mutual Life Insurance Co., which sued to foreclose on a midtown Manhattan building after the maturity date on a $315 million loan passed with the debt unpaid.