COMM 2013-CR11: Deutche Bank back to their old tricks ... 1.8% goes on hiatus

Transaction: COMM 2013-CR11 
Property: iPark Hudson Buildings 4 & 5 
City/State: Yonkers, NY 
Property Type: Office 
Balance: $21,899,905 
Percentage of Deal: 1.76% 
Maturity Date: September 6, 2023 
MS: Midland Loan Services 
SS: Situs Holdings, LLC 
Reason for Transfer: Other 
On Servicer Watchlist Prior to Transfer: Yes, 06/06/17 
Previously in Special Servicing: No 
Previously Modified: No 

MSC 2008-T29: 14.5% goes belly-up

Transaction: MSC 2008-T29
Property: Shadow Lake Towne Center
City/State: Papillion, NE
Property Type: Retail
Balance: $78,647,507
Percentage of Deal: 14.51%
Maturity Date: November 1, 2017
MS: Wells Fargo
SS: C-III Asset Management
Reason for Transfer: Imminent Maturity Default
On Servicer Watchlist Prior to Transfer: Yes, 06/07/17
Previously in Special Servicing: No
Previously Modified: No 

GCCFC 2006-GG7: 25.8% goes back into special, not modified enough, it seems

The JP Morgan International Plaza I and II loan held in GCCFC 2006-GG7 ($158mn, 25.8%) was transferred to special servicing on October 20, 2017, due to the borrower expressing its inability to repay the loan at its upcoming February 6, 2018, maturity date. The loan is secured by a 757k sq. ft. office in Farmers Branch, TX—fully leased through February 28, 2018, to JP Morgan Chase, which has expressed its intent to vacate the property. There is no replacement tenant at present. The loan was previously corrected in 2016, which resulted in an extension of the loan’s original June 6, 2016, maturity date. At that time, there was uncertainty regarding JP Morgan Chase’s intention to stay at the property. (Source: S&P Global Ratings)

WFCM 2012-LC5 : 13.7% goes into special

Transaction: WFCM 2012-LC5 
Property: Westside Pavilion (Transferred September 1, 2017) 
City/State: Los Angeles, CA 
Property Type: Retail 
Balance: $142,255,433 
Percentage of Deal: 13.66% 
Maturity Date: October 1, 2022 
MS: Wells Fargo 
SS: Rialto Capital Advisors, LLC 
Reason for Transfer: Imminent Monetary Default 
On Servicer Watchlist Prior to Transfer: No 
Previously in Special Servicing: No 
Previously Modified: No

MSC 2008-T29: PR Retail transfers to special. This didn't take very long

Transaction: MSC 2008-TOP29
Property: 65 Infanteria Shopping Center
City/State: Rio Piedras, PR
Property Type: Retail
Balance: $21,522,288
Percentage of Deal: 3.34%
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: Yes, 05/08/17
Previously in Special Servicing: No
Previously Modified: No