Apollo Commercial Real Estate Finance Inc. has provided $63.5 million of financing against the 404-room Scottsdale Plaza Resort in Scottsdale, Ariz. The loan, arranged by HFF, allowed a $57.2 million CMBS loan that was modified two years ago to be ...
Commercial Real Estate Direct Staff Report The pay-off of the $292.7 million CMBS loan against the Warner Building in Washington, D.C., resulted in a $3 million loss to JPMorgan Chase Commercial Securities Corp., 2006-CIBC15, the trust that held it. The ...
Commercial Real Estate Direct Staff Report Another big-ticket CMBS loan has transferred to special servicing because it's expected to default at its maturity next month. The $112 million loan against eight office buildings with 913,000 square feet in Middleton, Wis., ...
Commercial Real Estate Direct Staff Report The $57.2 million CMBS loan against the Scottsdale Plaza Resort, which has been in special servicing since last year, has been modified. The loan, securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2006-CIBC15, was ...
The Vornado Realty Trust venture that owns 602,471-square-foot Warner Building in Washington, D.C., is sewing up the refinancing of a $292.7 million loan against the property that wasn't expected to get refinanced by its May 7th maturity. The loan being ...
Commercial Real Estate Direct Staff Report The $57 million CMBS loan against the Scottsdale Plaza Resort hotel in Scottsdale, Ariz., has been transferred to special servicing because it's expected to default. The loan's transfer was highlighted by Fitch Ratings in ...
IFR Asia C-III Asset Management, special servicer for JP Morgan Chase Commercial Mortgage Securities Corp., 2006-CIBC15, has sued Perkins Properties alleging it committed fraud during negotiations that led to its discounted payoff of a $77 million loan against a portfolio ...
The AJ class of JPMorgan Chase Commercial Mortgage Securities Corp., 2006-CIBC15, which originally was rated AAA by Fitch and Aaa by Moody's, suffered a $24.4 million loss this month as a collateral loan was liquidated at a substantial loss. The ...
Wall Street Journal The CMBS transaction that held a $73.9 million mortgage against four malls that had been placed in receivership four years ago has been hit with a $57.5 million loss. The debt, securitized through JPMorgan Chase Commercial Mortgage ...
South Florida Business Journal U.S. Bank has filed a foreclosure suit against the owner of the 100,441-square-foot Tidan Plaza retail property in Tamarac, Fla. The property at 7401 N.W. 57th St. backs $8.9 million of debt that's securitized through JPMorgan ...
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© 2023 Commercial Real Estate Direct All rights reserved..