Transaction: BACM 2007-3
Property: Stonecrest Marketplace
City/State: Lithonia, GA
Property Type: Retail
Balance: $34,515,625
Percentage of Deal: 3.60%
Maturity Date: March 1, 2017
MS: Berkadia
SS: C-III Asset Management
Reason for Transfer: Imminent Maturity Default
On Servicer Watchlist Prior to Transfer: Yes; 10/06/15
Previously in Special Servicing: No
Previously Modified: No
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1 comment:
A surprise to no one that knows this property/area.
Look at The Mall at Stonecrest in BACM 2005-1 (a real plum of a deal).
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