Bloomberg Name: COMM 2016-CR28

Rudin Management Co. has negotiated a term extension of the $425 million CMBS loan against the 1.1 million-square-foot office property at 32 Ave. of the Americas in lower Manhattan. The loan, scattered among five CMBS conduit deals, was slated to ...

Commercial Real Estate Direct Staff Report A substantial decline in occupancy and cash flow in recent years at 32 Ave. of the Americas in lower Manhattan has made it unlikely that the 1.1 million-square-foot office building's $425 million of securitized ...

Commercial Real Estate Direct Staff Report Continued occupancy struggles at the office properties backing two large loans in the collateral pool of JPMorgan Chase Commercial Mortgage Securities Trust, 2015-P1, have prompted Fitch Ratings to increase its expectation of losses the ...

Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingDBRS  Pricing % Yield% Final Pricing (bp) Bnch mark A-1 21.72 30.00 2.86 Aaa AAA AAA 99.999 1.761 +70 swaps A-2 82.79 30.00 4.67 Aaa AAA AAA 102.996 2.204 +87 ...