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Deal Name: 2018-COR3
Manhattan Office Space, Leased Mostly to WeWork, Sees Sharp Reduction in Appraisal
Commercial Real Estate Direct Staff Report The 142,762 square feet of office space at 315 West 36th St. in Manhattan's Garment District, most of which is leased to WeWork Inc., which had stopped paying rent earlier this year, has been ...
INITIAL PRICING: COMM, 2018-COR3
Class Amt $mln Sub Level% Avg Life (yrs) Rating Moody's Rating Fitch Rating Kroll Pricing % Yield% Final Pricing (bp) Bnch mark A-1 11.70 30.00 2.88 Aaa AAA AAA 99.997 3.090 +25 swaps A-SB 17.30 30.00 7.36 Aaa AAA AAA ...
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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.
