Deal Name: JPMorgan Chase Comm Mtg Sec Corp.

South Florida Business Journal The $23.1 million securitized loan against the 132,598-square-foot office building at 7000 West Palmetto Park Road in Boca Raton, Fla., has been transferred to special servicer LNR Partners because it's expected to default, according to Fitch ...

South Florida Business Journal The 309-room Shore Club hotel in South Miami Beach is slated to be sold at auction on June 25. The property backs what is now $103.4 million of mortgage debt that was securitized through JPMorgan Chase ...

Commercial Real Estate Direct Staff Report A $171.5 million CMBS loan that backed 400 South Hope St. in Los Angeles, an office building with 701,535 square feet, has been paid off at par. The debt, which was securitized through JPMorgan ...

Commercial Real Estate Direct Staff Report Morgans Hotel Group has warned that it might lose management of Miami's Shore Club hotel as the property winds through a foreclosure suit. The 309-room boutique property serves as collateral for a $105.7 million ...

Washington Post The $93.8 million loan against the Avion Business Park in Chantilly, Va., is in default. The debt is securitized through JPMorgan Chase Commercial Mortgage Securities Trust, 2006-CIBC14. It has an interest rate of 5.583 percent and matures in ...

Commercial Real Estate Direct Staff Report An affiliate of Rock Ohio Caesars has purchased the mortgage against the 120,000 square feet of office space at 250 Huron St. in Cleveland. The company paid about $3.5 million for the $12.7 million ...

Crain's Cleveland Business A $13 million loan against the former Chase Financial Tower at Tower City Center in Cleveland is expected to be sold today at an online auction. The auction is being hosted by auction.com. The debt against the ...

Liberty Property Trust has completed its $60 milion acquisition of two industrial buildings with 1.2 million square feet in Elwood, Ill. The buildings, in the Centerpoint Intermodal Center, are 21705-07 Mississippi St., which has 1 million sf, and 27413 South ...

South Florida Business Journal A foreclosure suit has been filed against the owners of the Bank of America building in Boca Raton, Fla. The 132,598-square-foot office property sits on 7.3 acres at 7000 W. Palmetto Park Road and backs $24.3 ...

Mirvac Industrial Trust has defaulted on $123.5 million of securitized debt against a portfolio of 14 industrial properties with about 5.4 million square feet, according to Crain's Chicago Business.The loan was due Aug. 7, according to the news publication, which ...