Philadelphia’s Largest Office Complex Linked to Downgrade Again: For the second time this year, Moody’s Investors Service has downgraded commercial mortgage-backed securities bonds tied to a loan on 1500 Market St., a 1.8 million-square-foot property in downtown Philadelphia — the city’s largest office complex.
Philadelphia’s Largest Office Complex Linked to Downgrade Again, Bank Failure Leads to New York Lease Cancellation, Doubts Linger Over Bond Rebound
A Weekly Look at the Commercial Mortgage-Backed Securities Business
CoStar News
November 30, 2023 | 3:26 P.M.
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IN THIS ARTICLE
- Properties
- West Tower
1500 Market St, Philadelphia, PA
- East Tower
1500 Market St, Philadelphia, PA
- Companies
- The 601W Companies
Real Estate
- Nightingale Properties LLC
Real Estate