Monday 9 November 2020

HFZ facing foreclosure on nationwide industrial stake

Ziel Feldman’s financial problems keep piling up. The HFZ Capital developer — already battling lenders on a handful of high-end Manhattan residential developments — is facing foreclosure on his stake in a portfolio of national industrial properties. Chicago-based credit investor Monroe Capital has moved to foreclose on a roughly $126 million loan HFZ owes on the 13-property portfolio, according to public documents and sources familiar with the matter. The auction is scheduled to take place



source https://therealdeal.com/2020/11/09/hfz-facing-foreclosure-on-nationwide-industrial-stake/

No comments:

Post a Comment