Wednesday, January 25, 2017

GCCFC 2007-GG9: 12.4% more Long Island office space goes down for the count

Transaction: GCCFC 2007-GG9
Property: Omni Marathon Reckson
City/State: Uniondale, NY
Property Type: Office
Balance: $108,000,000
Percentage of Deal: 12.38%
Maturity Date: February 6, 2017
MS: Wells Fargo
SS: LNR Partners
Reason for Transfer: Imminent Monetary (Balloon/Maturity Default)
On Servicer Watchlist Prior to Transfer: Yes, 11/07/16
Previously in Special Servicing: No
Previously Modified: No

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