Defaulted French CMBS Loan Given Breather
A French office property loan securitized in the EUR1.67 billion ($2.24 billion) Titan Europe 2007-2 pan-European commercial mortgage-backed deal will enter a standstill period until January, after it failed to repay at maturity last month.
A French office property loan securitized in the EUR1.67 billion ($2.24 billion) Titan Europe 2007-2 pan-European commercial mortgage-backed deal will enter a standstill period until January, after it failed to repay at maturity last month.
The EUR8.3 million ($11.1 million) Nantes loan, one of 18 commercial property loans underpinning ...Already a subscriber? Login