Tuesday, May 3, 2016

CSMC 2007-C1: Savoy Park wasn't enough? 4.3% transfers to special

Transaction: CSMC 2007-C1 
Property: Wells Fargo Place
City/State: St. Paul, MN
Property Type: Office
Balance: $90,000,000
Percentage of Deal: 4.28%
Maturity Date: November 1, 2016
MS: Berkadia Commercial Mortgage LLC
SS: C-III Asset Management LLC
Reason for Transfer: Imminent Monetary Default 
On Servicer Watchlist Prior to Transfer: Yes, 02/11/16
Previously in Special Servicing: Yes; Returned to the Master Servicer 5/24/11
Previously Modified: No

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