Tag Archives: Trepp

Appraisal Puts 131 South Dearborn Tower in Chicago Underwater

The appraised value of the 1.7 million square-foot Citadel Center at 131 South Dearborn in Chicago has dropped to $400 million, below the $472 million in CMBS loans on the…

Autodesk Relocation from Waltham Could Impact Loan on HQ Building

Autodesk‘s potential relocation from 1560 Trapelo Road in Waltham, Mass to a more urban location in either Cambridge or Boston could have an impact on the $18.7 million loan originated…

Hilton Springfield Sees its Appraised Value Slashed

Hilton Springfield, the 245-room, full service hotel in Springfield, VA valued at $49 million in early 2012, has seen its appraised value lowered to $27.7 million due in part to…

Trepp: SRA International’s 264,514 SF Departure Could Impact Fairfax Portfolio Loan

SRA International‘s plan to let its leases expire at both 4300 and 4350 Fair Lakes Court in Fairfax, VA, where it occupies a combined total of 264,514 square feet, should…

Trepp: $310M Rosslyn Portfolio Loan Gets Boost from Politico

The 72,000 square foot office lease for Politico‘s headquarters at 1000 Wilson Boulevard in Arlington, VA is positive news for those evaluating the $310 million interest-only loan backed by 1000,…

$62M Loan on Westin – Falls Church Transferred to Special Servicer

A $62 million loan on the Westin – Falls Church Hotel in Falls Church, VA has been transferred to a special servicer due to imminent default, according to Fitch, which…

$150M COPT Office Portfolio Loan Becomes Delinquent for First Time

The $150 million COPT Office Portfolio loan, which is backed by two office properties in Chantilly, VA, has been transferred to a special servicer after becoming delinquent for the first…

$675M Refi for 520 Madison Ave in NYC

Bank of America and Deutsche Bank have secured a $675 million loan to refinance 520 Madison Avenue in New York City, according to Trepp, which cites Commercial Mortgage Alert. The…

Value of Former CSC Office Building in VA Drops More than 75 Percent

The special servicer for the 325,000 square foot office building in Lanham, MD formerly occupied by Computer Science Corp (CSC) says that the value of the asset has fallen by…

Uncontested Foreclosure Agreement Reached for Northfield Square Mall in Bourbonnais, IL

The special servicer for the Northfield Square Mall in Bourbonnais, IL has reached an uncontested foreclosure agreement with the borrower behind a $24.6 million loan on the asset, according to…