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JPMorgan Eyes Sale of $350 Million Loan on Manhattan's HSBC Tower

(Bloomberg) JPMorgan Chase & Co. is looking to sell a loan backed by Manhattan’s HSBC Tower as banks face heightened pressure from regulators to reduce exposure to office real estate. Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%Biden Administration to Forgive $39 Billion in Student DebtWall Street’s Reversal Curbs Bond Trader Euphoria: Markets WrapDeSantis Says No Thanks to $377 Million in US Energy Fu ....

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Deal For HSBC Tower Sale Collapses For Second Time

The deal fell through because the buyer could not secure financing, the Manhattan tower's Israeli owner said in regulatory filings. ....

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Innovo's $855M Deal For Fifth Avenue Tower Hits Financing Snag

Innovo reached a deal last year to buy the 30-story tower at 452 Fifth Ave. for $855M. ....

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