Friday, July 14, 2017

MSC 2008-T29: 2.8% term defaults. Hablas espanol?

Transaction: MSC 2008-T29
Property: Reparto Metropolitano
City/State: Rio Piedras, PR
Property Type: Retail
Balance: $20,578,702
Percentage of Deal: 2.80%
Maturity Date: January 1, 2018
MS: Wells Fargo
SS: C-III Asset Management
Reason for Transfer: Imminent Monetary Default 
On Servicer Watchlist Prior to Transfer: No
Previously in Special Servicing: No
Previously Modified: No

JPMCC 2007-LD12: 4.7% says Happy Bastille Day!

Transaction: JPMCC 2007-LD12
Property: Bentley Mall
City/State: Fairbanks, AK
Property Type: Retail
Balance: $27,017,784
Percentage of Deal: 4.72%
Maturity Date: June 1, 2017
MS: Wells Fargo
SS: LNR Partners
Reason for Transfer: Maturity Default
On Servicer Watchlist Prior to Transfer: Yes, 11/08/16
Previously in Special Servicing: No
Previously Modified: No