Thursday, November 3, 2016

GCCFC 2007-GG9: Bonjour, another 4% maturity default

The deal sucks less than GG10, but it is trying hard to catch up!

Transaction: GCCFC 2007-GG9
Property: Boulevard Mall
City/State: Amherst, NY
Property Type: Retail
Balance: $92,393,224
Percentage of Deal: 3.96%
Maturity Date: February 6, 2017
MS: Wells Fargo
SS: LNR Partners
Reason for Transfer: Imminent Maturity Default
On Servicer Watchlist Prior to Transfer: Yes, 12/07/15
Previously in Special Servicing: No
Previously Modified: No 

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