Saturday, November 15, 2014

JPMCC 2006-LDP7: top loan Westfield Centro = 8% of the pool goes delinquent

Borrower wants a mod ... that's SO 2012.  What's $240,000,000 between friends?

At a Glance
Note StatusSpecially Serviced
Current Balance persf$101.52
DSCR0.86
Last Payment Date9/1/2014
% of Pool7.81%
Property TypeRetail
Number of Properties5
Securitization NameJPMCC 2006-LDP7

1 comment:

crabsofsteel said...

Barclays noted that the properties were reappraised this month at $139MM. An ASER based on this amount would allow LDP7 to enter the not-so-elite club of deals with shortfalling AJs.