Transaction: MLCFC 2007-9 Property: 300 Capitol Mall City/State: Sacramento, CA Property Type: Office Balance: $104,330,000 MS: Wells Fargo SS: LNR Partners, Inc. Reason for Transfer: Imminent Maturity Default Transaction: BSCM 2006-PWR13 Property: First Industrial Portfolio City/State: Various, GA Property Type: Industrial Balance: $47,497,720 MS: Wells Fargo SS: Situs Asset Management Reason for Transfer: Imminent Monetary Default
Fitch recently released their "new" loss estimate of 15.7%
for the 2007 vintage. Who wants to bet that will change
within three months? It's subprime all over again!