/
|
|
Key Points:
CWCapital has filed an $87 million foreclosure lawsuit against Group RMC over the Westbrook Corporate Center in Westchester, rejecting a $52.5 million loan note purchase offer.
Group RMC has faced multiple loan disputes and has made efforts to negotiate workouts, including a $6 million equity injection and attempts to sell non-core assets, but the lender has declined these offers.