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Commercial Real Estate Direct Staff Report Sonnenblick-Eichner Co. has arranged $22.6 million of financing against the leasehold interest in the 213-room Hotel Valencia Riverwalk in downtown San Antonio, Texas. The five-year loan, provided by Goldman Sachs, allowed the property's owner, ...
The owner of the Flatiron Hotel in Manhattan's Midtown South neighborhood has thrown the property into bankruptcy, in an evident move to avoid losing the property through foreclosure. The property is encumbered by a $22.5 million loan that was securitized ...
Commercial Real Estate Direct Staff Report The $22.5 million CMBS loan against the 64-room Flatiron Hotel in Manhattan has been classified as being in foreclosure. The loan was securitized through Wells Fargo Commercial Mortgage Trust, 2015-C28. It was transferred to ...
Class Amt $mln Sub Level% Avg Life (yrs) RatingDBRS RatingKroll RatingMoody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 42.40 30.00 2.77 AAA AAA Aaa 99.998 1.515 +40 swaps A-2 54.57 30.00 4.86 AAA AAA Aaa 102.998 2.190 +52 ...
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