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Commercial Real Estate Direct Staff Report The volume of multifamily loans in special servicing should plunge this month as the $539.5 million senior mortgage against the Yorkshire & Lexington Towers apartment buildings, with a total of 808 units on Manhattan's ...
Pyramid Management Group, which owns the 1.7 million-square-foot Crossgates Mall and the neighboring 438,814-sf Crossgates Commons in Albany, N.Y., has refinanced both properties with a total of $206.8 million of fresh mortgage debt.
The $539.5 million of CMBS financing against The Yorkshire & Lexington Towers apartment buildings in Manhattan's Upper East Side has transferred to special servicing. The loan was underwritten two years ago with the assumption that cash flow would have increased ...
Class Amt $mln Sub Level% Avg Life (yrs) Rating Moody's Rating Fitch Rating Kroll Price % Yield% Final Pricing (bp) Bnch mark A-1 8.88 30.00 2.86 Aaa AAA AAA 99.999 4.260 +122 p-spread A-2 65.84 30.00 4.89 Aaa AAA AAA ...
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