Bloomberg Name: CSFB 2005-C2

Ramsfield Hospitality Finance is said to have purchased the defaulted $80.2 million CMBS loan against the leasehold interest in 390 Park Ave., a 234,240-square-foot office building in midtown Manhattan, according to a report in the New York Post. The New York ...

New York Post The $80.2 million CMBS loan against the Lever House office property at 390 Park Ave. in midtown Manhattan has been sold for an unknown sum. The buyer was 390 Park Debt Acquisition Corp., believed to be a ...

Crain's New York Business RFR Realty is having trouble lining up fresh debt against Manhattan's 390 Park Ave., and could lose control of the office property by the third quarter. The property backs $84.8 million of debt that's securitized through ...

Commercial Real Estate Direct Staff Report The foreclosure case against the owner of 390 Park Ave., a 234,240-square-foot office building in midtown Manhattan, is advancing. Wells Fargo Bank, trustee for Credit Suisse First Boston Mortgage Securities Corp., 2005-C2, which holds ...

Commercial Real Estate Direct Staff Report A total of 566 CMBS loans with a balance of $14.6 billion that were securitized since 2010 are backed by properties that are subject to ground leases, according to Morgan Stanley. Another 58 loans, ...

Commercial Real Estate Direct Staff Report The air rights tied to the office building at 390 Park Ave. in midtown Manhattan shouldn't be counted on to bolster the value of the 234,240-square-foot property, which is referred to as the Lever ...