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Seattle's office sector continues to struggle, with the city's overall vacancy rate climbing to 33% at the end of March from the 28.7% reported a year ago. The city's weakness is reflected in CMBS, where one-third of loans against Seattle ...
Martin Selig Real Estate has warned that it would be unable to pay off the $379.1 million of financing against nine of its office properties in and around Seattle when it comes due in April. That's on top of it ...
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating Moody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 19.90 30.00 2.92 AAA AAA Aaa 100.000 1.281 +75 swaps A-2 175.00 30.00 9.40 AAA AAA Aaa ...
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