CityPlace on Friday sued its lender, claiming Credit Suisse Commercial Mortgage is trying to derail the West Palm Beach shopping center's critical refinance of a $ 150 million loan, which matures tomorrow, Dec. 11. A failed refinance could imperil the project and lead to a foreclosure of the shopping and dining center, CityPlace Retail claimed in its lawsuit, filed in Palm Beach County Circuit Court on Dec. 7. “Plaintiff is in imminent danger of being deprived of substantial real and personal property rights,” CityPlace Retail wrote in the court filing.
