Deal Name: 2006-LDP9

Commercial Real Estate Direct Staff Report Briar Meads Capital paid $26.2 million for the $40.5 million distressed loan against the Westwood of Lisle office property in the Chicago suburb of Lisle, Ill. The New York investment manager, which specializes in ...

Crain's Chicago Business The owner of the Westwood of Lisle office property in Lisle, Ill., has been hit with a foreclosure suit. Griffin Capital Corp. had paid $57.8 million for the suburban Chicago property in 2006. But last year, the ...

Commercial Real Estate Direct Staff Report Chicago's Citadel Center office building, with 1.7 million square feet at 131 South Dearborn Ave., has landed Constellation Brands as a tenant for 130,000 sf. The alcoholic beverage company is taking space on the ...

Vornado Realty Trust has retired the $550 million of financing against Chicago's Merchandise Mart, a massive showroom property that's now known as theMart. The Paramus, N.J., REIT paid off the financing, $350 million of which was securitized, with proceeds of ...

Crain's Chicago Business The $42.23 million loan against the Westwood of Lisle office complex has been transferred to special servicing and is at risk of default, according to Trepp LLC. The loan was securitized through JPMorgan Chase Commercial Mortgage Securities ...

CoStar The $55 million of CMBS debt against the Cheyenne Commons retail center in Las Vegas has been transferred to special servicing due to imminent monetary default. The loan, which is securitized through JPMorgan Chase Commercial Mortgage Securities 2006-LDP9, is ...

Commercial Real Estate Direct Staff Report The sale of Atlanta's Bank of America Plaza to Shorenstein Properties has been completed, resulting in a $202 million loss to the two CMBS trusts that held pieces of a $363 million mortgage against ...

Commercial Real Estate Direct Staff Report Shorenstein Properties is nearing a deal to buy the Bank of America Plaza in Atlanta. The San Francisco investment manager would be buying the 1.25 million-square-foot office property in the city's midtown area from ...

Bank of America Plaza, a 1.25 million-square-foot office property in Atlanta's midtown area that has been in the hands of special servicer CWCapital Asset Management for four years, is said to be nearing a sale. A best-and-final round of bids ...

Dallas Business Journal CBRE Global Investors is under contract to buy three office buildings with a combined 1.4 million square feet in Dallas. Cannon Commercial Inc. is selling the buildings, One, Two and Three Galleria Towers. The California company had ...