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Deal Name: 2015-LC23
New York Judge Rules Trump Overstated Value of Properties; No Loans Defaulted
Commercial Real Estate Direct Staff Report A New York State judge has ruled that affiliates of the Trump Organization had engaged in fraud by overstating the value of properties they owned, some of which were financed with mortgages. The ruling, ...
INITIAL PRICING: COMM, 2015-LC23
Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingKroll Pricing % Yield% Final Pricing (bp) Bnch mark A-1 39.11 30.00 2.67 Aaa AAA AAA 99.998 1.801 +62 swaps A-2 210.19 30.00 4.89 Aaa AAA AAA 102.999 2.564 +90 ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
