Thursday, April 21, 2016

CSMC 2006-C4: Credit Suisse never lost their talent for writing bad MF loans ... 2.3% goes into special servicing

Transaction: CSMC 2006-C4
Property: The Edge at Avenue North 
City/State: Philadelphia, PA
Property Type: Multifamily 
Balance: $52,695,682
Percentage of Deal: 2.32%
Maturity Date: October 1, 2016
MS: KeyBank Real Estate Capital
SS: C-III Asset Management LLC
Reason for Transfer: Imminent Maturity Default
On Servicer Watchlist Prior to Transfer: Yes; 1/13/14
Previously in Special Servicing: No
Previously Modified: No