Wednesday, April 13, 2016

JPMCC 2006-CB15: a deal which already sucked now sucks 32% more

Transaction: JPMC 2006-CIBC15
Property: Warner Building
City/State: Washington, DC
Property Type: Office
Balance: $292,700,000
Percentage of Deal: 32.34%
Maturity Date: May 12, 2016
MS: Wells Fargo
SS:  LNR Partners, Inc.
Reason for Transfer: Imminent Balloon/Maturity Default
On Servicer Watchlist Prior to Transfer: Yes 
Previously in Special Servicing: No
Previously Modified: No

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