A late-power notice in New Mexico hit a loan banks already struggled to sell. Inside the ~$18 billion syndicate quoted near 90 cents, the reported 9% construction rent, and a November permit deadline.
🧠Oracle’s Jupiter Force Majeure, VIRTUS…
A late-power notice in New Mexico hit a loan banks already struggled to sell. Inside the ~$18 billion syndicate quoted near 90 cents, the reported 9% construction rent, and a November permit deadline.