Friday, April 14, 2017

MLMT 2006-C1: 10.8% says Have a Nice Weekend

Transaction: MLMT 2006-C1
Property: Wachovia Center
City/State: Gainesville, GA        
Property Type: Office
Balance: $12,541,079
Percentage of Deal: 10.84%
Maturity Date: January 1, 2036
MS: Midland Loan Services 
SS: LNR Partners, Inc.
Reason for Transfer: Imminent default of the loan is anticipated (cure not likely)
On Servicer Watchlist Prior to Transfer: No
Previously in Special Servicing: Yes, 11/12/13
Previously Modified: No

No comments: