David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Mesa West Capital has provided Savanna Partners $65.3 million of debt financing for 80 Broad St., a 417,000-square-foot office building in Manhattan's financial district. Savanna, a New York investment manager, used part of the financing proceeds to complete its purchase ...
UBS Realty Investors paid $341 million for California State Teachers' Retirement System's 65 percent stake in 120 Broadway, a 1.8 million-square-foot office property in lower Manhattan, according to the Wall Street Journal. The newspaper, citing people familiar with the matter, ...
New York Post A $75 million securitized loan backed by a 400,000-square-foot office tower at 80 Broad St. in downtown Manhattan has been listed for sale through Cushman & Wakefield. Developer Kent Swig defaulted on the debt, which is securitized ...
Crain's New York BusinessJ.E. Robert Co. plans to offer for sale a $75 million mortgage backed by a 400,000-square-foot office tower at 80 Broad St. in downtown Manhattan. Developer Kent Swig defaulted on the loan, which is securitized through Morgan ...
Crain's New York BusinessDeveloper Kent Swig has defaulted on a $12 million loan backed by 80 Broad St., a 400,000-square-foot office tower in downtown Manhattan. Lane Capital Partners purchased the loan earlier this year. The property also backs a $75 ...
Commercial Real Estate Direct Staff ReportDeveloper Kent Swig, who has been struggling with several Manhattan property investments, faces difficulties at another one, at 80 Broad St.A $75 million loan against the 400,000-square-foot downtown office building was transferred to special servicer ...
HTML clipboardFollowing is a list of recent downgrades by Standard &Poor's: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln S&P New Rating S&P Old Rating Reason for Rating Action ...
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchFinalPricing (bp)BnchmarkA-1104.330.003.39AAAAAA+6swapsA-1A164.6730.009.38AAAAAANAswapsA-292.930.005.29AAAAAA+14swapsA-3215.030.006.82AAAAAA+24swapsA-AB84.630.007.49AAAAAA+21swapsA-4784.230.009.72AAAAAA+24swapsA-4FL350.030.009.72AAAAAANAswapsA-M256.520.009.90AAAAAA+28swapsA-J202.012.1259.90AAAAAA+30swapsB19.211.3759.90AA+AA++34swapsC35.310.009.90AAAA+35swapsD28.98.8759.94AA-AA-+37swapsE22.48.009.99A+A++41swapsF25.77.009.99AA+43swapsG25.76.009.99A-A-+50swapsH28.94.8759.99BBB+BBB++70swapsJ32.13.6259.99BBBBBB+83swapsK25.72.6259.99BBB-BBB-+105swapsL9.622.25-BB+BB+NAswapsM3.212.125-BBBBNAswapsN9.621.75-BB-BB-NAswapsO6.411.50-B+B+NAswapsP3.211.375-BBNAswapsQ9.621.00-B-B-NAswapsS25.650.00-NRNRNAswapsX2,565.2*NANAAAAAAA+145Treas*Notional amount, interest onlyCollateral balance: $2,565.24 millionBookrunner(s): Morgan StanleyLead Managers: Morgan Stanley, LaSalle Financial Services Inc.Co-managers: RBS Greenwich Capital, Merrill Lynch & Co.B-piece Buyer: JER PartnersMaster Servicer: Wells Fargo BankSpecial Servicer: JE Robert Cos.Trustee: HSBC Bank Originators: ...
© 2025 Commercial Real Estate Direct All rights reserved.
© 2024 Commercial Real Estate Direct All rights reserved..
