Tuesday, January 12, 2016

COMM 2006-C7: Bang! Zoom! 10.3% goes to the special

Why does this always happen right after the monthly remittance
report comes out? Answer: it's COMM.  Deal is already being 
shorted at the AJ level.

Transaction: COMM 2006-C7
Property: 700 South Flower Plaza  
City/State: Los Angeles, CA
Property Type: Mixed Use 
Balance: $121,778,568
Percentage of Deal: 10.31%
Maturity Date: April 1, 2016
MS: Midland Loan Services
SS: CWCapital Asset Management
Reason for Transfer: Imminent Maturity Default 
On Servicer Watchlist Prior to Transfer: Yes; 4/4/12
Previously in Special Servicing: No
Previously Modified: No

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