Boston Tower Owner Buys It Again at 68% Discount After Default

Boston Tower Owner Buys It Again at 68% Discount After Default

A real estate investment firm bought a Boston office tower at a foreclosure auction for one-third the price it paid in 2019, a stark illustration of how far building values have fallen in the wake of the pandemic.

A real estate investment firm bought a Boston office tower at a foreclosure auction for one-third the price it paid in 2019, a stark illustration of how far building values have fallen in the wake of the pandemic.
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Bloomberg — Markets (EN)




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