Tuesday, January 24, 2017

CWCI 2007-C2: Another 2.8% goes into the toilet

Transaction: CWCI 2007-C2
Property: 512 South Third Street Apartments
City/State: Champaign, IL
Property Type: Multifamily 
Balance: $25,000,000
Percentage of Deal: 2.80%
Maturity Date: January 1, 2017
MS: Wells Fargo
SS: CWCapital Asset Management, LLC
Reason for Transfer: Balloon Payment/Maturity Default
On Servicer Watchlist Prior to Transfer: Yes, 10/11/16
Previously in Special Servicing: No
Previously Modified: No

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