A $476 million loan on 131 South Dearborn, a Chicago office building, has been transferred into special servicing due to imminent default, according to a report from Fitch Ratings. The loan was securitized in JPMCC 2006-LDP9, where it comprises 6.6% of the deal, and JPMCC 2007-CB18, where it makes up 7.2% of the deal.
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Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
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