CHICAGO-A CMBS trustee, CW Capital Asset Management LLC forbearers of commercial mortgage-backed securities has filed nearly$23.2-million foreclosure suit against Washington Pointe. Thefour-story, 163,623-square-foot office building is located at 535E. Diehl Road in Naperville.
A notice of the legal proceedings was filed with the DuPageCounty Recorder on October 13. According to the loan statement,mortgage for the property have not been paid for six months. The$23.2 million loan was obtained in 2006. For the fullstory, go to Crain's Chicago Business.
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