When the defaults come, the vultures get to work. Maverick Real Estate Partners announced on Thursday that it closed another fund that targets defaulted commercial mortgages in New York City. The latest fund has $200 million at its disposal, and appears to be the largest of Maverick’s distressed debt vehicles. The announcement from the distressed private equity firm comes amid jitters about some segments of New York City real estate, particularly from those who believe […]
source https://therealdeal.com/2018/12/13/maverick-real-estate-partners-closes-another-nyc-distressed-debt-fund/
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