Jenel Management has purchased the debt on Lever House at 390 Park Avenue — further calling into question RFR Holding’s role at the property. Documents from Jan. 18 show Jenel bought the mortgage for an undisclosed amount, the New York Post reported. Aby Rosen’s RFR hasn’t paid the mortgage for long enough that lenders have discussed foreclosure, leaving a window for other firms to step in. There’s reportedly $83 million in remaining debt on the property. […]
source https://therealdeal.com/2019/01/30/jenel-management-buys-debt-on-rfrs-lever-house/
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