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Deal Name: csmc07c1
Value of Fla. Office Backing $103.3Mln CMBS Loan Plunges to $38.7Mln
Commercial Real Estate Direct Staff Report The Koger Center, an 849,765-square-foot office complex in Tallahassee, Fla., has been re-appraised at a value of only $38.7 million. The 18-building property, on a 61-acre parcel at 1131 Executive Center Drive, is encumbered ...
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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.
