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Fitch To Review Special Servicer, Bloomberg Lease Precedes Big Loan Due, Nearly Vacant Houston Office Building Under Contract

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The special servicer for a loan on 1407 Broadway in New York prompted a rare warning from Fitch Ratings. (CoStar)
The special servicer for a loan on 1407 Broadway in New York prompted a rare warning from Fitch Ratings. (CoStar)

Fitch To Review Special Servicer: In a rare twist for a delinquent $350 million loan on a 1.1 million-square-foot New York office building, bond-rating firm Fitch Ratings has put the special servicer, Mount Street US, on notice that it’s under review for a downgrade.

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