[단독] 메리츠증권, 천안 '유령 아파트' 일반분양 전환 PF 주관

This case demonstrates a critical real estate financing challenge in Korea, where a failed Newstay project is being repositioned through multi-layered project financing to resolve a three-year vacancy crisis. The success of this 450 billion won PF structure could establish a recovery framework for addressing similar stalled developments across Korea's real estate market.