Monday, November 21, 2016

LBUBS 2007-C2: 2.3% goes into special servicing. Not good when the AJ is the bottom class.

Transaction: LBUBS 2007-C2
Property: Citicorp Meridian ID
City/State: Meridian, ID
Property Type: Office
Balance: $31,442,800
Percentage of Deal: 2.30%
Maturity Date: April 11, 2017
MS: Wells Fargo
SS: LNR Partners
Reason for Transfer: Imminent Monetary (Balloon/Maturity) Default
On Servicer Watchlist Prior to Transfer: Yes, 11/14/16
Previously in Special Servicing: No
Previously Modified: No

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