The recent sale of a Dallas office building securitized in WBCMT 2006-C3 could provide a template for the eventual disposition of a loan on New York’s Peter Cooper Village-Stuyvesant Town apartment complex, according to a report from Barclays Capital.

The 376,710-square-foot property, located at 3500 Maple in the Dallas CBD, was recently sold for $64.2 million in a foreclosure auction to Champion Partners and Building Land and Technology. The sale price was well over the $44 million loan on the property, which allowed the securitized loan to be repaid in full, said Aaron Haan, analyst.

About $4 million of proceeds went toward prepayment....

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