Home Finance $73MM Loan on 341,000 SQFT Vintage Park Lifestyle Center Lands in Special Servicing After Missed Maturity in Houston
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$73MM Loan on 341,000 SQFT Vintage Park Lifestyle Center Lands in Special Servicing After Missed Maturity in Houston

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A decade after UBS financed it, the debt behind Northwest Houston's Italian-styled Vintage Park lifestyle center has failed to pay off at maturity, sending roughly $73.1 million spread across two 2016 CMBS trusts back to a special servicer that last worked out the loan during the pandemic.

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