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Commercial Real Estate Direct Staff Report The 314-unit Centre apartment property at 695 Anderson Ave. in Cliffside Park, N.J., whose $130 million CMBS loan had matured last July, has been reappraised at a value of $161.1 million. The loan has ...
Commercial Real Estate Direct Staff Report The $130 million CMBS loan against The Centre, a 314-unit apartment property in Cliffside Park, N.J., which had matured in July, remains outstanding and formally has transferred to special servicing. The loan is split ...
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll RatingS&P Pricing % Yield% Final Pricing (bp) Bnch mark A-1 20.65 30.00 2.62 AAA AAA AAA 100.000 2.025 +42 swaps A-2 40.99 30.00 4.80 AAA AAA AAA 103.000 ...
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