Bloomberg Name: BMARK 2018-B2

Commercial Real Estate Direct Staff Report The 42,000 square feet of retail space at the base of the 12-story 599 Broadway office building in Manhattan's SoHo neighborhood has had its appraised value slashed by nearly 80% to $32 million. The ...

Commercial Observer Extell Development Co. has acquired the $260 million mezzanine loan that encumbers the 2 million-square-foot Worldwide Plaza office property in Manhattan. The purchase could ultimately give Extell, of New York, title to the 35-year-old building, as the mezzanine ...

The 2 million-square-foot Worldwide Plaza office property in Manhattan is said to have had its appraised value slashed by more than 80% to $345 million. The appraisal reduction was first reported by Bisnow, which cited documents tied to the property's ...

Commercial Real Estate Direct Staff Report Braddock Metro Center, a 315,589-square foot office building in the Washington, D.C., suburb of Alexandria, Va., recently was reappraised at a value of only $37.5 million. Kawa Capital Partners of Hallandale Beach, Fla., had ...

Commercial Real Estate Direct Staff Report The venture that owns the 2 million-square-foot Worldwide Plaza office property in Manhattan has negotiated a modification of its $940 million loan, allowing it to tap into reserves to fund the property's operating expenses ...

Commercial Real Estate Direct Staff Report The departure of law firm Cravath Swaine & Moore from the 617,135 square feet it had occupied at Manhattan's Worldwide Plaza has prompted the transfer of the $940 million of CMBS debt against the ...

Berkadia has provided $157 million of Fannie Mae financing to facilitate the purchase of the Mason at Van Dorn, a 1,180-unit apartment property in the Washington, D.C., suburb of Alexandria, Va. The property, constructed in 1963 and 1967, was purchased ...

Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Rating Kroll Pricing % Yield% Final Pricing (bp) Bnch mark A-1 29.60 30.00 2.52 AAA AAA AAA 100.000 2.618 +22 swaps A-2 341.80 30.00 4.82 AAA AAA AAA ...