David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Commercial Real Estate Direct Staff Report The Foothills Mall in Tucson, Ariz., sold for $19.8 million, a far cry from the $75.4 million balance of its CMBS loan, but more than the property's most recent appraised value of $18 million. ...
Commercial Real Estate Direct Staff Report The Foothills Mall in Tucson, Ariz., which backs a $75.3 million CMBS loan that became delinquent a year ago, has been appraised at a value of $18 million. That compares with an appraised value ...
Sonnenblick-Eichner Co. has arranged a $65 million permanent loan against the 341-room Marriott Monterey Hotel in Monterey, Calif. The loan, provided by Natixis Real Estate Capital, was used to take out a $61.5 million mortgage that was securitized through JPMorgan ...
Commercial Real Estate Direct Staff Report The $76.6 million CMBS loan against the Foothills Mall in Tucson, Ariz., has been transferred to special servicing, according to a TreppWire Trading Alert. The loan, securitized through JPMorgan Chase Commercial Mortgage Securities Corp., ...
Crain's Detroit Business Asset Acceptance Capital Corp. has vacated 100,000 square feet of a 200,000-sf office building in Warren, Mich. The building, at 28405 Van Dyke Ave., is part of the collateral that backs a $32.3 million loan that's securitized ...
Brookfield Office Properties has sold 53 State St. in Boston for $610 million, or about $557/sf. The 1.2 million-square-foot building, in the city's financial district, is also known as Exchange Place. It was sold to UBS Realty Investors, according to ...
Standard & Poor's has downgraded the $11.5 million class P of JPMorgan Chase Commercial Mortgage Securities Trust, 2006-LDP8, to CCC+ from B-, because of expected losses from loans in special servicing.Two loans, with a balance of $10.1 million, are in ...
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-132.5130.002.68AAAAaa+7swapsA-1A596.9830.009.58AAAAaaNAswapsA-2207.3130.004.96AAAAaa+15swapsA-3A50.0030.006.80AAAAaa+25swapsA-3FL150.0030.006.80AAAAaa+15LiborA-3B184.4330.006.84AAAAaa+31swapsA-SB69.3030.007.06AAAAaa+25swapsA-4856.0830.009.78AAAAaa+24swapsA-M306.6620.009.88AAAAaa+28swapsA-J260.6611.509.93AAAAaa+32swapsB53.679.759.96AAAa2+36swapsC23.009.009.96AA-Aa3+39swapsD42.177.6259.96AA2+46swapsE34.506.509.96A-A3+52swapsF38.335.259.96BBB+Baa1+70swapsG30.674.259.96BBBBaa2+80swapsH38.333.009.96BBB-Baa3+105swapsJ11.502.625 BB+Ba1NAswapsK7.672.375 BBBa2NAswapsL11.502.00 BB-Ba3NAswapsM3.831.875 B+B1NAswapsN11.51.50 BB2NAswapsP11.51.125 B-B3NAswapsNR34.500.00 NRNRNAswapsX-13,066.6*NA AAAAaaNATreasX-23,030.02NA AAAAaaNATreas*Notional amount, interest onlyCollateral balance: $3,066.60 millionBookrunner(s): JPMorgan SecuritiesLead Managers: JPMorgan Securities, Nomura SecuritiesCo-managers: Commerzbank, Ixis Securities, PNC Capital Markets, Banc of America Securities, Deutsche BankB-piece Buyer: JER PartnersMaster Servicer: Wells Fargo, Midland Loan ServicesSpecial Servicer: JE ...
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