Wednesday, June 26, 2013

Borrower Returning Keys on 10 Million SF of Industrial Properties Fit for a Prince




National Commercial Real Estate News From CoStar Group





Borrower Returning Keys on 10 Million SF of Industrial Properties Fit for a Prince



Following their recent transfer to special servicing, related borrowing entities are giving back the keys on two industrial portfolios containing 10.5 million net rentable square feet.

The two portfolios are commonly known as the StratREAL industrial portfolios and consist of 23 industrial buildings located across Ohio, Tennessee and California.

This month, the $186 million Portfolio II loan secured in CMBS JPMCC 2007-LDP10 reported a new reduced...






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