Friday, October 17, 2014

Another $200mm goes to special ... whoop whoop!

Transaction:
CSMSC 2007-C5
Property: Jericho Plaza I & II
City/State: Jericho, NY
Property Type: Office
Balance: $163,750,000  
Percentage of Deal: 8.65%
Maturity Date: June 11, 2017
MS: Berkadia Commercial Mortgage
SS: C-III Asset Management
Reason for Transfer: Imminent Monetary Default
On Servicer Watchlist Prior to Transfer: Yes
Previously in Special Servicing: No
Previously Modified: No

 
Transaction: WBCMT 2005-17
Property: Great Wolf Resorts Pool
City/State: Traverse City, MI and Kansas City, KS
Property Type: Hotel
Balance: $38,992,732
Percentage of Deal: 2.65%
Maturity Date: January 11, 2015
MS: Wells Fargo
SS: Midland Loan Services
Reason for Transfer: Imminent Maturity Default
On Servicer Watchlist Prior to Transfer: Yes
Previously in Special Servicing: Yes
Previously Modified: No
 

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