Bloomberg Name: JPMCC 2014-DSTY

The $430 million of CMBS financing against the massive Destiny USA shopping center in Syracuse, N.Y., matures next week. The loan, securitized through JPMorgan Chase Commercial Mortgage Securities Trust, 2014-DSTY, could be extended, but for that to happen, the collateral ...

Pyramid Cos. has negotiated a five-year extension of the $430 million CMBS financing against its Destiny USA shopping center in Syracuse, N.Y. The financing, securitized through JPMorgan Chase Commercial Mortgage Securities Trust, 2014-DSTY, was facing its final maturity next month. ...

Commercial Real Estate Direct Staff Report The Destiny USA mall in Syracuse, N.Y., has been appraised at a value of only $203 million, down from the $710 million pegged to it in 2014, when $430 million of CMBS debt was ...

Commercial Real Estate Direct Staff Report Pyramid Cos., owner of the 2.4 million-square-foot Destiny USA Mall in Syracuse, N.Y., has negotiated a one-year extension of the $430 million of CMBS financing against the shopping center. The loan was slated to ...

Weakening collateral cash flows and a pending maturity have prompted the transfer to special servicing of the $430 million of CMBS financing against the 2.4 million-square-foot Destiny USA mall in Syracuse, N.Y. The property's owner, Pyramid Cos., says it's in ...

  The following story has been edited to clarify that the property's 10 percent cash flow decline has been since 2014. The massive Destiny USA mall in Syracuse, N.Y. - among the largest shopping malls in the country - has ...