Monday, June 13, 2016

JPMCC 2006-LDP9: 1.9% never watchlisted, never in special, says Look in the Diaper, it's Poopie!

Transaction: JPMCC 2006-LDP9
Property: Cheyenne Commons
City/State: Las Vegas, NV
Property Type: Retail
Balance: $55,000,000
Percentage of Deal: 1.93%
Maturity Date: November 1, 2016
MS: Midland Loan Services
SS: CWCapital Asset Management LLC
Reason for Transfer: Imminent Monetary Default
On Servicer Watchlist Prior to Transfer: No 
Previously in Special Servicing: No
Previously Modified: No
   
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1 comment:

  1. crabsofsteelJune 20, 2016 at 4:14 PM

    The new trend in CMBS is for loans to transfer without ever appearing on the watchlist. More poopie!

    Transaction: JPMCC 2006-LDP9
    Property: Westwood of Lisle
    City/State: Lisle, IL
    Property Type: Office
    Balance: $42,293,799.07
    Percentage of Deal: 1.5%
    Maturity Date: November 1, 2016
    MS: Midland Loan Services
    SS: CWCapital Asset Management LLC
    Reason for Transfer: Imminent Maturity Default
    On Servicer Watchlist Prior to Transfer: No
    Previously in Special Servicing: No
    Previously Modified: No

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