Providence tower among nation’s largest delinquent commercial loans

ONE FINANCIAL PLAZA in Providence showed up on a list in August of the nation’s largest newly delinquent commercial real estate loans. / PBN FILE PHOTO/MARK S. MURPHY
PROVIDENCE – One Financial Plaza, Providence’s second-tallest building, was among the nation’s five largest newly delinquent loans last month in the commercial mortgage-backed securities market, a new report shows. With a loan balance of $45.8 million, One Financial Plaza ranked third in the nation in size of loans in commercial mortgage-backed securities, or CMBS, that…

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