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
   

1 comment:

crabsofsteel said...

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