- December 18, 2025
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The commercial mortgage-backed securities debt secured by a Charlotte, N.C., office building and the 13-story Sarasota City Center office tower has been sent to a special servicer, according to research firm Trepp.
Borrower Osprey SA Ltd., a Michigan-based investment firm, has been attempting to refinance the loan and also sell Sarasota City Center and a 23-story building primarily occupied by Westinghouse Electric Corp. in advance of the $113.4 million debt maturing in April.
Commercial brokerage firm Holliday Fenoglio Fowler L.P. has been marketing the properties for more than a year.