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Key Points
Rialto Capital acquired a distressed Rosemont office property from Adventus Realty Trust through a deed in lieu of foreclosure, resolving a lawsuit over a $29 million loan default.
This transfer is part of Adventus' larger unraveling, which includes a $350 million CMBS debt pool tied to other distressed office properties in Illinois and Georgia, with several properties already seized or in the process of being transferred.