Bloomberg Name: JPMDB 2016-C2

Simon Property Group, which owns the Williamsburg Premium Outlets retail center in historic Williamsburg, Va., has negotiated a three-year term extension of the property's $185 million mortgage.

Commercial Real Estate Direct Staff Report The California Public Employees' Retirement System has provided $780 million of mortgage financing against the 1.7 million-square-foot 787 Seventh Ave. office building in midtown Manhattan. The loan allowed the property's owner, an affiliate of ...

Commercial Real Estate Direct Staff Report Black Diamond Capital Management, which late last year bought the distressed $418.5 million CMBS loan against the Palisades Center Mall in Rockland County, N.Y., has taken over the 2.3 million-square-foot property. The move was expected ...

Commercial Real Estate Direct Staff Report Palisades Center Mall in New York's Rockland County is scheduled to be sold at a foreclosure auction on Feb. 4. News of the pending foreclosure auction was reported first by the Rockland County Business ...

Commercial Real Estate Direct Staff Report The 662,708-square-foot office building at 100 East Pratt St. in Baltimore, which backs a $102.16 million CMBS loan, has had its appraised value slashed to $31.5 million. The 50-year-old building's prospects dimmed earlier this year ...

Commercial Real Estate Direct Staff Report The $418.5 million loan against the Palisades Center Mall has been resolved, resulting in a $231.45 million loss to the CMBS transaction that held a $388.5 million portion. Every bond tranche of the transaction, ...

Commercial Real Estate Direct Staff Report T. Rowe Price Associates Inc.'s termination of its lease at its long-time headquarters building at 100 East Pratt St. in downtown Baltimore has placed its $103.06 million CMBS loan in jeopardy. The investment manager, ...

Commercial Observer Willkie Farr & Gallagher has renewed its lease for 315,000 square feet at the 1.7 million-sf office property at 787 Seventh Ave. in Manhattan. The law firm has occupied space in the property for 25 years. It wasn’t ...

Commercial Real Estate Direct Staff Report A group of lenders led by Bank of Texas has provided $125 million of financing against the 736,572-square-foot office complex at 55 Corporate Drive in Bridgewater, N.J. The interest-only loan has a five-year term ...

Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingKroll  Pricing % Yield% Final Pricing (bp) Bnch mark A-1 23.34 30.00 2.53 Aaa AAA AAA 100.000 1.404 +47 swaps A-2 160.39 30.00 4.66 Aaa AAA AAA 103.000 1.972 +81 ...