ATLANTA, GA-Realty firm Tishman Speyer's two loans are on the verge of default. The company secured a $116 million loan for its Colony Square located on 14th Street in Midtown Atlanta and a $65 million mortgage for its Midtown Plaza. According to Fitch, the two loans have been changed hands to special servicing. The loan's master servicer is Wells Fargo & Co. and special servicer is CWCapital Asset Management.
Tishman Speyer made its entry into the Atlanta Market by acquiring Trizec Properties. For the full story, go to Atlanta Business Chronicle .
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