Uptown office tower in receivership [Yahoo! Finance]
Citizens Financial Group, Inc. (CFG)
Last citizens financial group, inc. earnings: 4/17 06:37 am
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investor.citizensbank.com/about-us/investor-relations.aspx
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Source: Yahoo! Finance
property owners over a default on a $93.5 million loan that funded the $133.5 million acquisition in 2018. Uptown high-rise sells for $153M 400 South Tryon Property, a limited liability company linked to lenders Citizens Bank and Synovus Bank, filed the suit in Mecklenburg County Superior Court on Nov. 5 against Tryon Property Owner LP. In the suit, the plaintiff sought appointment of a limited receiver for 400 South Tryon in order to hold the property as it begins foreclosure proceedings, according to the suit. The 32-story, 587,000-square-foot office tower is at 400 S. Tryon St. in Uptown Charlotte. Los Angeles global investment manager Oaktree Capital Group acquired 400 South Tryon in May 2018 for $133.5 million, according to Mecklenburg County real estate records. Charlotte-based Trinity Capital Advisors retained an ownership stake in the property, which it purchased in 2014 with New York real estate investment firm DRA Advisors. Read the full story here
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News
- Citizens Financial Group, Inc. (NYSE: CFG) had its price target raised by analysts at Citigroup Inc. from $50.00 to $58.00. They now have a "buy" rating on the stock.MarketBeat
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CFG
Earnings
- 10/16/24 - Miss
CFG
Sec Filings
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- CFG's page on the SEC website