Bloomberg Name: COMM 2016-COR1

Commercial Real Estate Direct Staff Report The Hagerstown Premium Outlets retail property in the Maryland panhandle has had its appraised value reduced for the fourth time since its CMBS loan got into hot water in 2020. The 484,994-square-foot retail property ...

The CMBS trusts placed a winning credit bid of $130.2 million at the property's foreclosure action just more than a month ago. That was more than two years after the previous owner, Unibail-Rodamco-Westfield, announced that it would turn the property ...

Commercial Real Estate Direct Staff Report The San Francisco Centre retail and office property in the city's downtown area has had its appraised value lowered again, this time to $195 million—65% lower than the $558 million of mortgage debt against ...

SFGate.com Emporium Centre San Francisco, a 794,521-square-foot shopping mall and office property in San Francisco, is scheduled to be sold at a Nov. 14 foreclosure auction. The property, at 865 Market St., serves as collateral for $558 million of CMBS ...

Commercial Real Estate Direct Staff Report Hagerstown Premium Outlets, a 484,994-square-foot retail property in Hagerstown, Md., has had its appraised value cut again, to $32.5 million, putting it 79 percent lower than the $150 million value pegged to it in ...

Commercial Real Estate Direct Staff Report Northmarq has provided $17.96 million of Freddie Mac financing against the 204-unit Stone Ridge Apartments in Bullhead City, Ariz. The 10-year loan pays a fixed rate in the 5-percent range and requires only interest ...

Wanxiang America Real Estate Group, which owns Prudential Plaza in Chicago, had ponied up $40 million of fresh equity to win a two-year term extension of the $385.55 million CMBS loan against the 2.3 million-square-foot office complex.

  Commercial Real Estate Direct Staff Report The $75.1 million of CMBS debt against the Hagerstown Premium Outlets, some 75 miles west of Baltimore in Hagerstown, Md., could be at risk as occupancy and cash flow at the collateral property ...

Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingKroll  Pricing % Yield% Final Pricing (bp) Bnch mark A-1 30.14 30.00 2.56 Aaa AAA AAA 99.998 1.506 +39 swaps A-2 64.86 30.00 4.89 Aaa AAA AAA 102.998 1.851 +58 ...