RXR had identified the building as “digital” as opposed to “film,” meaning it was part of the company’s portfolio that was deemed worth keeping. A loan modification was still a ...
The acquisition is part of MassMutual's foreclosure lawsuit on the property, alleging that the building's previous owner, RXR Realty, had defaulted on its $315 million loan on the property from ...
RXR Realty is a development, ownership and property management company that Scott Rechler founded in 2007. As of 2020, the company had a $20 billion portfolio of property, including trophy office ...
RXR has lost control of one of the office buildings it had deemed worth holding on to. Barings, a subsidiary of Massachusetts Mutual Life Insurance, purchased RXR's 340 Madison Ave. at auction ...
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