Two Cipriani locations dodge foreclosure – Robert Khodadadian

Last call appeared to be in sight for two Cipriani locations, but the Italian eateries are ready to keep the carpaccio coming. The outposts dodged near-foreclosure by securing a $52.1 million commercial mortgage-backed securities loan secured a modification, the Commercial Observer reported. The senior debt is backed by the Cipriani locations at 110 East 42nd Street and 55 Wall Street. Cipriani defaulted on its loan in May 2020 and made its last payment in July

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, NYC Restaurants, trepp The Real Deal New York Read More

.com/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ub1ce406afa2a0710bf9e931e7ce3fe16:hover .ctaButton { background-color: #141414!important; } .ub1ce406afa2a0710bf9e931e7ce3fe16 .centered-text { display: table; height: 80px; padding-left: 18px; top: 0; } .ub1ce406afa2a0710bf9e931e7ce3fe16 .ub1ce406afa2a0710bf9e931e7ce3fe16-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ub1ce406afa2a0710bf9e931e7ce3fe16:after { content: ""; display: block; clear: both; }

Leave a Reply

Your email address will not be published.