LaSalle Street landlords face debt trouble – Crain’s*

The owners of two big LaSalle Street office buildings are in danger of defaulting on their loans, potentially adding to the wave of distress among pandemic-thumped properties in the Loop. In the larger of the two, a $105 million loan tied to a 37-story office property at 10 S. LaSalle St. was recently transferred to a special servicer, a signal that the property's owner could default on the debt or need to restructure its terms to avoid doing so. Same for the kitty-corner building from that property, the historic 47-story office building at 1 N. LaSalle St.