Treasury par yields, Sept. 28 close (U.S. Treasury). SOFR, Sept. 28 (New York Fed).

This week: Wells Fargo has scheduled an Oct. 20 foreclosure auction of 100 Summer St., which Rockpoint bought for $806M in 2019; Wolfchase Galleria's $155.2M loan went to special servicing ahead of its November maturity; and Four Penn Center's new $61.0M appraisal came in below its $62.8M loan.

The File

100 Summer St.: an $806M Boston tower heads to auction

100 Summer St. sold for $806M in 2019. It goes to auction Oct. 20.

100 Summer St., Boston · Office

$470MMortgage, Oct. 2019

$425MLatest assessed value

72%Leased

Owner

Rockpoint Group

Lender

Wells Fargo

Purchase

$806M (Oct. 2019)

Size

1.1M sf · 32 stories · built 1980

Next date

Oct. 20 foreclosure auction, 2:00 p.m.

What happened. Wells Fargo has scheduled a foreclosure auction of the 32-story tower for Oct. 20 at 2:00 p.m., at the property. Sullivan & Sullivan Auctioneers is running the sale, which includes 102 underground parking spaces. Rockpoint had not responded to requests for comment.