Rialto, Hines target Hilson’s Midtown offices for foreclosure

Hines and Rialto Capital Management are quietly fueling a foreclosure fight against Hilson Management in Midtown Manhattan. The partners sued last week to force the auction of a trio of office buildings owned by the Schwalbe family’s firm, Crain’s reported. The complaints were filed in Manhattan state Supreme Court. In an unusual twist for this type of proceeding, the foreclosure battle isn’t unfolding publicly. Online versions of the complaints are limited to attorneys who are registered with the court; the court’s media officer did not respond to the publication’s request for comment. The Schwalbes declined to comment, while Hines did […] This article originally appeared on The Real Deal. Click here to read the full story.