Part of Iconic Atlanta Skyline Foreclosed on Loan Default | Jobs

ATLANTA — Six office towers and an underground mall in downtown Atlanta are back in the hands of lenders after their owners defaulted on their loans. This is because much of the American workforce is working from home due to the pandemic.

The Atlanta Journal-Constitution reports that Miami-based Banyan Street Capital owes more than $125 million on parts of the Peachtree Center complex, a cornerstone of downtown Atlanta.

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