Thursday, January 16, 2014

JCP Closing 33 Stores

According to the WSJ, JCP is closing 33 Stores. I'll update this entry with CMBS exposures if/when I get a chance.



AL
Selma
Selma Mall
CA
Rancho Cucamonga
Arrow Plaza
CO
Colorado Springs
Chapel Hills Mall
CT
Meriden
Meriden Square
FL
Leesburg
Lake Square Mall
FL
Port Richey
Gulf View Square
IA
Muscatine
Muscatine Mall
IL
Bloomingdale
Stratford Square Mall
IL
Forsyth
Hickory Point Mall
IN
Marion
Five Points Mall
IN
Warsaw
Marketplace Shopping Center
MD
Salisbury
The Centre at Salisbury
MI
Marquette
Westwood Plaza
MN
Worthington
Northland Mall
MS
Gautier
Singing River Mall
MS
Natchez
Natchez Mall
MT
Butte
Butte Plaza Shopping Center
MT
Cut Bank
(N/A)
NC
Kinston
Vernon Park Mall
NJ
Burlington
Burlington Center
NJ
Phillipsburg
Phillipsburg Mall
OH
Wooster
Wayne Towne Plaza
PA
Exton
Exton Square Mall
PA
Hazleton
Laurel Mall
PA
Washington
Washington Mall
TN
Chattanooga
Northgate Mall
VA
Bristol
Bristol Mall
VA
Norfolk
Military Circle Mall
WI
Fond Du Lac
Forest Mall
WI
Janesville
Janesville Mall
WI
Rhinelander
Lincoln Plaza Center
WI
Rice Lake
Cedar Mall
WI
Wausau
Wausau Mall

*UPDATE*
Deal Exposures:


Shopping Center Deal Loan PCT Deal
Military Circle Mall GMACC 2004-C2 9.80%
The Centre at Salisbury JPMCC 2006-LDP7 3.70%
Hickory Point Mall BSCMS 2006-PW11 1.90%
Laurel Mall BSCMS 2007-PW17 1.70%
Wausau Mall WFRBS 2011-C4 1.30%
Marketplace Shopping Center CGCMT 2004-C2 0.90%
Bristol Mall BACM 2006-5 0.90%
Wayne Towne Plaza MSC 2007-IQ15 0.60%
Natchez Mall CGCMT 2006-C4 0.50%
Lincoln Plaza Center GSMS 2006-GG6 0.10%

Source: Credit Suisse.

2 comments:

crabsofsteel said...

No need to look for exposure; Roger already did it. See Exh. 2 on page 5

https://plus.credit-suisse.com/u/JeWL2t

Concrete Jungle said...

Phew - thank you well-funded sell side analysts ;-)