Monday, October 17, 2011

GGP refinances Northbrook Court (NOT in a CMBS)

per Bloomberg.

That brings the total to $996mm in GGP loans refinanced the last few weeks, and that looks like it for the rest of this year. Mathrani said "We have accomplished our 2011 goals and are now focused on 2012 financing opportunities."

4 comments:

crabsofsteel said...

no no no, Northbrook Court wasn't in CMBS.

Dark Space said...

You're right - the loan in the MLMT 2006-1 is the Lord & Taylor Portfolio, which has a property at Northbrook Portfolio. I saw size, I saw a name match, and I put it in there...

Anonymous said...

Hey guys, I know I'm posting this in the wrong place, basically this is an article/excerpt from recent Dallas Hotel/Special Servicers conference. Some pretty goof stuff/points of view from the specials.

I don't understand it all yet, but a lot of talk about floating-rate hotel loans and how they are phucked. Good stuff for a lunchtime read. Keep up the great work Dark Space!


Hotel Lawyer in Dallas listening to the Special Servicers

http://hotellaw.jmbm.com/2011/10/dallas_lender_conference.html

Concrete Jungle said...

cool - I'll repost