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.
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