AI Assistant

Two items block the Harborview Logistics closing. (1) Unresolved UCC releases — the prior lender's UCC-3 filings have not been recorded, so title cannot be cleared. Legal is escalating; a title indemnity is being held as backstop. (2) The buyer's estoppel is still outstanding. The LOI cap rate was tightened to 5.50% on Jul 22. Net: title/UCC is the critical path.