East West Bank is moving to foreclose on the Selina Chelsea NYC, claiming the hotel missed a loan payment last month. In a complaint filed in state court Monday, the bank said it issued two mortgages totaling $31 million in 2013, but the borrower — an LLC led by Mexican hotel magnate Moises Micha — is in default. The filing says the debt — now $25.6 million — was technically not due to be fully
source https://therealdeal.com/2020/02/05/nyc-hotel-linked-to-adam-neumann-mexican-magnate-sued-by-lender/
No comments:
Post a Comment