Bloomberg Name: JPMCC 2011-C5

The Asheville Mall in North Carolina has been re-appraised at a value of $42 million - a third of the $123 million appraised value given it in 2011 when a $78 million loan was written against it. The property's owner, ...

Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc., whose portfolio of secondary market shopping centers were ailing even before the coronavirus pandemic struck, has put together a plan to sharply reduce its indebtedness in an evident prepackaged ...

Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes JPMorgan Chase Commercial Mortgage ...

Commercial Real Estate Direct Staff Report The $36.1 million CMBS loan against four office buildings in the Atlanta suburbs of Norcross, Ga., and Johns Creek, Ga., is now classified as being more than 30-days late. The loan, securitized through JPMorgan ...

Commercial Real Estate Direct Staff Report Wells Fargo Bank has provided $60 million of floating-rate financing against 24 West 57th St., a 106,677-square-foot office and retail building in midtown Manhattan. The property's owner, APF Properties of New York, used the ...

Commercial Real Estate Direct Staff Report The $5.9 million CMBS loan against the Cove at Southern, a 358-unit student-housing property in Statesboro, Ga., was the first CMBS loan securitized since the market's 2008 collapse to get liquidated. It was liquidated ...