Transaction: BACM 2007-2
Property: Mall of Acadiana
City/State: Lafayette, LA
Property Type: Retail
Balance: $125,276,509
Percentage of Deal: 21.55%
Maturity Date: April 1, 2017
MS: Berkadia
SS: CWCapital Asset Management, LLC
Reason for Transfer: Potential/Imminent Default
On Servicer Watchlist Prior to Transfer: Yes, 01/04/17
Previously in Special Servicing: No
Previously Modified: No
This after taking $60MM in losses on an unpaid B-note this month. What a deal!
Property: Mall of Acadiana
City/State: Lafayette, LA
Property Type: Retail
Balance: $125,276,509
Percentage of Deal: 21.55%
Maturity Date: April 1, 2017
MS: Berkadia
SS: CWCapital Asset Management, LLC
Reason for Transfer: Potential/Imminent Default
On Servicer Watchlist Prior to Transfer: Yes, 01/04/17
Previously in Special Servicing: No
Previously Modified: No
This after taking $60MM in losses on an unpaid B-note this month. What a deal!
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