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Home » NY Real Estate Firm Facing Litigation After Alleged $25 Million Loan Breach
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NY Real Estate Firm Facing Litigation After Alleged $25 Million Loan Breach

News RoomBy News RoomJuly 18, 20241 Min Read
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NY Real Estate Firm Facing Litigation After Alleged  Million Loan Breach
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An investment and asset management company is seeking judgment against New York real estate firm Deco Tower Associates, alleging the entity is in breach of a $25 million loan.

The motion for summary judgment in lieu of a complaint was filed Wednesday in Manhattan Supreme Court. The plaintiff is real estate loan portfolio SIG CRE 2023 Venture LLC, acting through Rialto Capital Advisors.

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