Windermere X Borrower Remedies EoD

A loan securitized in the EUR1.5 billion ($2.05 billion) commercial mortgage-backed securities deal Windermere X has come out of special servicing after the borrower E-Shelter GmbH & Co. cured outstanding payments that sparked an event of default in May.

  • 09 Sep 2011

A loan securitized in the EUR1.5 billion ($2.05 billion) commercial mortgage-backed securities deal Windermere X has come out of special servicing after the borrower E-Shelter GmbH & Co. cured outstanding payments that sparked an event of default in May.

The EUR128.8 million ($176.8 million) E-Shelter loan contributed EUR114.8 million ...

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