At a Glance | |
Note Status | Specially Serviced |
Current Balance persf | $101.52 |
DSCR | 0.86 |
Last Payment Date | 9/1/2014 |
% of Pool | 7.81% |
Property Type | Retail |
Number of Properties | 5 |
Securitization Name | JPMCC 2006-LDP7 |
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?
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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.
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