JPMorgan Chase Bank provided a $37.81 million loan for the purchase.
82 percent leased. PNC Bank provided $18.1 million of financing for the purchase.
The buyer lined up $7.75 million of debt from Arbor JPM Funding for its purchase.
fully leased. Valley National Bank provided $9.2 million of debt for the purchase.
Avenue Bank provided $8.5 million for the purchase.
The property, which is 93.3 percent occupied, had backed $58 million of debt that was securitized through CD, 2005-CD1. The debt was moved to the deal's special servicer, LNR Partners, in May 2010, and foreclosure had been initiated in February ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..