Deal Name: JPMorgan Chase Comm Mtg Sec Corp 2006-LDP7

Cleveland Plain Dealer Namdar Realty Group bought the Midway Mall in the Cleveland suburb of Elyria, Ohio. The New York company last month had paid $4.2 million for the 585,606-square-foot retail property at an online auction hosted by Ten-X. A ...

Cleveland Plain Dealer The Midway Mall in Elyria, Ohio, has been sold for $4.25 million through the Ten-X online auction platform. The buyer was not identified. The 585,606-square-foot retail property had backed a $79.2 million loan that was securitized through ...

A group led by Huntington National Bank has provided $105 million of mortgage financing against the Centre at Salisbury retail property in Salisbury, Md., allowing the pay off of a maturing $115 million CMBS loan against the property. The loan ...

South Florida Business Journal Sagamore Partners has sold the 93-room Sagamore Hotel in Miami Beach, Fla., for $63 million, or about $677,419/room. An affiliate of InSite Group of Fort Lauderdale, Fla., bought the property, at 1671 Collins Ave., which was ...

South Florida Business Journal Orion Venture XI Jupiter has purchased out of foreclosure the 196,941-square-foot Shoppes at Jupiter retail property in Jupiter, Fla., for $27.8 million, or about $141.16/sf. Transwestern brokered the deal on behalf of the seller, LNR Partners, ...

Commercial Real Estate Direct Staff Report The largest loan in the collateral pool of JPMorgan Chase Commercial Mortgage Trust, 2006-LDP7, has been hit with a $120.7 million appraisal reduction amount. The ARA was expected as the five retail properties, commonly ...

Commercial Real Estate Direct Staff Report The five retail centers that back the largest loan in the collateral pool of JPMorgan Chase Commercial Mortgage Trust, 2006-LDP7, have been appraised at a combined $139 million, which could lead to shortfalls of ...

Morgan Stanley has provided $140.5 million of floating-rate financing against PennCom Plaza, a 444,000-square-foot office property in midtown Manhattan. The mortgage replaces $89.75 million of debt that was securitized through JPMorgan Chase Commercial Mortgage Securities Corp., 2006-LDP7, and wasn't slated ...

Commercial Real Estate Direct Staff Report AVR Realty is offering for sale the 233-room Courtyard Miami Downtown hotel in Miami. The Yonkers, N.Y., company is offering the property through CBRE, which already has fielded offers of close to $90 million, ...

Commercial Real Estate Direct Staff Report The volume of CMBS loans that are more than 30-days late with their payments increased in August by some $400 million to $32.5 billion, marking the first increase in delinquency in 15 months, according ...