Tuesday, January 10, 2017

CSMC 2007-C1: Let's ring in the New Year with a 15% transfer to special servicing!

Transaction: CSMC 2007-C1
Property: Koger Center
City/State: Tallahassee, FL
Property Type: Office
Balance: $115,500,000
Percentage of Deal: 14.76%
Maturity Date: February 1, 2017
MS: Berkadia
SS: C-III Asset Management LLC
Reason for Transfer: Potential/Imminent Default   
On Servicer Watchlist Prior to Transfer: Yes, 11/14/16
Previously in Special Servicing: Yes; Returned to Master Servicer 4/10/13
Previously Modified: No

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