Moody's: COMM 2007-C9 and CD 2007-CD5 Ratings Unaffected by the Proposed Defeasance of the 85 Tenth Avenue Whole Loan
New York, November 30, 2016-- Moody's Investors Service was informed that the current Borrowers, 85 Tenth Avenue Associates, LLC, of the 85 Tenth Avenue whole loan have elected to defease the loan with US Government Securities. The proposed defeasance will become effective upon satisfaction of the conditions precedent set forth in the governing documents. Moody's has reviewed the defeasance transaction.
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