David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Bloomberg Name: BAMLL 2021-JACX
$425Mln CMBS Loan Against Queens, N.Y., Office Nears Maturity; Moves to Special Servicing
Commercial Real Estate Direct Staff Report The $425 million CMBS loan against the 1.19 million-square-foot JACX office complex in Queens, N.Y., is unlikely to get refinanced by its September maturity. As a result, the loan, securitized through BAMLL Commercial Mortgage ...
Trophy Office in Queens, N.Y., Struggles; CMBS Deal Gets Downgraded
The Tishman Speyer affiliate that owns the JACX office complex in Queens, N.Y., could face challenges refinancing the 1.19 million-square-foot property's $425 million mortgage as it approaches its final maturity in August 2026.
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
