Home Commercial Martin Selig Real Estate Defaults on $240MM Loan Connected to Two Seattle Office Buildings

Martin Selig Real Estate Defaults on $240MM Loan Connected to Two Seattle Office Buildings

The RegistryDecember 4, 20241 Mins read1.3k

Photo by Brian Yang on Unsplash

By The Registry Staff Seattle-based real estate developer Martin Selig Real Estate is facing significant financial challenges. According to industry reports, the company has defaulted on a $240 million loan secured by two of its Seattle properties: the Federal Reserve Building and the 400 Westlake office tower. This default could lead to the foreclosure of […]

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