November 7, 2009
Not really news as the previous income and debt-coverage numbers revealed this asset is in a world of hurt, not to mention the hit it will take as a result of all the legal wrangling going on about rent controls. This is one big capital stack Read more from the original source: Stuyvestant Town’s $3B Loan Goes to Special Servicing
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October 24, 2009
Capmark Financial Group, the big commercial real estate finance company cobbled together from pieces of GMAC, may file for bankruptcy as soon as this weekend, a person briefed on the matter told DealBook on Saturday. Read more from the original source: Capmark, Big Commercial Lender, May File for Bankruptcy – DealBook … … Distressed Marketplace. Just another Distressedmarketplace.com weblog …
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