SEATTLE-Chicago-based Walton Street Capital, the owner of the Metropolitan Park West office tower in downtown Seattle, has obtained a modification of $74.5 million loan on the office building. The loan was due in last November.
According to reports, Greenwich Capital, the lender of loan, has agreed to prolong the maturity date of the loan on the 18-story building to November 2013. The deal also would reduce the monthly interest payments of Walton Street. For the full story, go to Seattle Times.
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