The property backs a total of $225 million of debt, including a $130 million piece that's securitized through Greenwich Capital Commercial Funding Corp., 2004-FL2. The remaining debt is comprised of a $70 million junior loan held by Metropolitan Life Insurance ...
87 percent leased.
81 percent leased. The loan matured in January 2011, but the property's previous owner, Regency Centers Corp., kept making debt-service payments as it sought a term extension that would give it the time to lease up the property and sell ...
The venture purchased the properties from Greenwich Capital Commercial Funding Corp., 2005-GG5, which had taken them, along with 34 other industrial properties, by foreclosing on a $317.5 million mortgage against the entire portfolio. It bought the properties, 38220 and 38150 ...
52 percent occupied. It is comprised of the 458,116-sf Travelers Tower I, at 26555 Evergreen Road, and the 334,570-sf Travelers Tower II, at 26533 Evergreen Road.
The purchase was financed with an $85 million fixed-rate loan that was provided by JPMorgan Chase & Co. The debt is expected to be securitized. The properties, with an average occupancy of 96.1 percent, are: - Club at Chandler Crossings, ...
94 percent occupied. Bernard Financial Group arranged $17.9 million of financing for the purchase.
98 percent leased.
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