An environmentally friendly New York office building secured the second largest US commercial mortgage bond issue since the global financial crisis on Tuesday, as investors signalled a willingness to finance the biggest and best properties despite uncertainties over whether workers will return to offices as the coronavirus pandemic fades. The multi-part transaction, SLC OFFICE TRUST 2021-OVA, is secured by a US$3bn loan against One Vanderbilt, a 77-storey office tower located next to the Grand Central rail terminal in midtown Manhattan.
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