YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
One of the St. Louis area's largest office campuses is facing a default on a nearly $100 million loan, according to reporting by the St. Louis Business Journal.
The loan backs most of the buildings at the 40-acre CityPlace office complex.
The note reportedly was transferred in July to a process for troubled loans called special servicing due to the risk of default, according to loan documents.
Read more from the St. Louis Business Journal.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
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