The property had served as collateral for $159.76 million of debt that's securitized through Greenwich Capital Commercial Funding Corp., 2005-GG5. The loan had been with the deal's special servicer, LNR Partners, since late 2010.
99 percent occupied. The deal was financed with a $20.8 million Freddie Mac mortgage that Grandbridge Real Estate Capital provided. Proceeds from that loan retired a $15.7 million mortgage that was securitized through Wachovia Bank Commercial Mortgage Trust, 2006-C25. That ...
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