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: BMARK 2021-B24
$132Mln CMBS Loan on Microsoft-Leased Office Gets 3 More Years
Commercial Real Estate Direct Staff Report The $132 million CMBS loan against the 537,046-square-foot Millennium Corporate Park in suburban Seattle has had its maturity extended by three years through January 2029. But to win the modification, the collateral property's owner, ...
Modification Talks Prompt Transfer of $132Mln Loan on Seattle-Area Office to Special Servicing
Commercial Real Estate Direct Staff Report Unable to line up sufficient financing to take out the $132 million mortgage against the 537,046-square-foot Millennium Corporate Park office property in suburban Seattle, the property's owner is seeking to get the loan modified. ...
$100Mln CMBS Loan on Brooklyn, N.Y., Office Gets Into Hot Water
The $100 million CMBS loan against the 213,745-square-foot office property at 141 Livingston St. in Brooklyn, N.Y., has transferred to special servicer Greystone Servicing Co. The culprit: a dispute over the funding of a reserve account.
INITIAL PRICING: Benchmark Mortgage Trust, 2021-B24
Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Rating Kroll Price % Yield% Final Pricing (bp) Bnch mark A-1 11.15 30.00 3.08 AAA AAA AAA 100.000 0.640 +20 swaps A-2 73.85 30.00 4.92 AAA AAA AAA ...
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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.
