Wednesday, January 27, 2016

MLCFC 2007--9 rings in the New Year with 1.8% transferring to the special servicer for a maturity mod

Transaction: ML-CFC 2007-9
Property: San Souci Plaza
City/State: California, MD
Property Type: Retail
Balance: $27,200,000
Percentage of Deal: 1.82%
Maturity Date: December 1, 2016
MS: Midland Loan Services
SS: LNR Partners, LLC
Reason for Transfer: Maturity extension requested 
On Servicer Watchlist Prior to Transfer: Yes; 1/8/14
Previously in Special Servicing: No
Previously Modified: No

Note for non-speakers of French: San Souci (or correctly, Sans Souci) means "without a worry."  Right they are!

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