| Property |
No. of Units |
City |
CMBS |
Outstanding Loan Bal. |
Notes |
| Country Village |
152 |
Alvin |
CSFB 2004-C03 |
$5,252,740 |
The loan was accelerated and posted for a Nov. 6, foreclosure, but the borrower filed Chapter 11 bankruptcy on Nov. 5. |
| Walnut Creek |
460 |
Austin |
JP Morgan 2005-LD4 |
$33,300,000 |
More than 30 days delinquent |
| Villas of Sage Creek |
450 |
Austin |
Merrill Lynch 2005-MCP1 |
$33,900,000 |
Borrower did not execute proposed forebearance agreement in a timely manner. Counsel has been instructed to proceed with foreclosure. |
| Lodge at Stone Oak Ranch |
434 |
Austin |
Deutsche 2006-CD2 |
$33,100,000 |
Local counsel retained for possible foreclosure. |
| Villas of Bristol Heights |
351 |
Austin |
COMM 2005-C06 |
$28,000,000 |
Legal counsel has been retained; borrower indicated that it was pursuing a sale of the property and provided an un-executed contract. |
| Northcastle |
170 |
Austin |
CSFB 2004-C03 |
$7,846,042 |
The loan was accelerated and posted for a Nov. 6, foreclosure, but the borrower filed Chapter 11 bankruptcy on Nov. 5. |
| Hunt Gardens |
100 |
Baytown |
CSFB 2003-CP1 |
$3,055,594 |
Borrower did not execute proposed forbearance agreement in a timely manner. Counsel instructed to proceed with foreclosure 11/6/07. |
| Willow Tree |
100 |
Baytown |
CSFB 2003-CP1 |
$2,938,071 |
Borrower did not execute proposed forbearance agreement in a timely manner. Counsel instructed to proceed with foreclosure 11/6/07. |
| River Pointe |
311 |
Conroe |
JP Morgan 2007-CIBC18 |
$19,280,000 |
Current |
| Timbers of Pine Hollow |
228 |
Conroe |
JP Morgan 2005-LD1 |
$7,206,093 |
More than 30 days delinquent |
| South Point |
128 |
DeSoto |
Citigroup 2006-C05 |
$4,270,920 |
Local counsel retained for possible foreclosure. |
| Timber Creek |
164 |
Euless |
First Union NB 1999-C2 |
$4,966,707 |
The property is being marketed for sale. Legal counsel has been engaged, third party reports have been ordered. |
| Regents Cove |
272 |
Fort Worth |
JP Morgan 2005-LD1 |
$8,530,397 |
More than 60 days delinquent |
| Hills |
264 |
Fort Worth |
JP Morgan 2003-PM1 |
$6,353,294 |
More than 60 days delinquent |
| Falls |
256 |
Fort Worth |
JP Morgan 2003-PM1 |
$8,455,500 |
More than 30 days delinquent |
| Crescent Oaks |
220 |
Fort Worth |
First Union NB 2001-C3 |
$4,929,211 |
Legal counsel retained for possible foreclosure. Loan is due for 8/1/07. |
| Trails |
152 |
Fort Worth |
JP Morgan 2004-C03 |
$3,642,470 |
More than 30 days delinquent |
| Carlyle Crossing |
138 |
Fort Worth |
Merrill Lynch 2004-BPC1 |
N/A |
Title was obtained at a Dec. 4 foreclosure sale. |
| Equinox on Park |
338 |
Garland |
Deutsche 2007-CD4 |
$24,050,000 |
Current |
| Stone Lake |
334 |
Grand Prairie |
Credit Suisse 2007-C04 |
$28,450,000 |
Current |
| Fox Chase |
260 |
Grand Prairie |
CSFB 2002-CK1 |
$9,734,134 |
Legal counsel (Akin Gump) has been retained for possible foreclosure. Loan is due for 9/1/07. |
| Northern Oaks Apts |
448 |
Houston |
First Union BA 2001-C1 |
$10,729,715 |
Assumption on hold pending curing of the default. Legal Counsel has been engaged, third party reports have been ordered. |
| Serrano |
438 |
Houston |
CSFB 2003-C05 |
$24,947,565 |
The property was posted for a 11/6/2007 foreclosure. The borrower filed for bankruptcy on 11/5/2007. |
| Signature Palms |
396 |
Houston |
JP Morgan 2005-LD5 |
$26,400,000 |
Current |
| Las Ventanas |
376 |
Houston |
COMM 2005-LP5 |
$26,200,000 |
Past Due |
| Lodge at Baybrook |
322 |
Houston |
Citigroup 2004-C02 |
$20,500,000 |
Current |
| Huntwick |
288 |
Houston |
CSFB 2003-CP1 |
$11,580,594 |
Borrower did not execute proposed forbearance agreement in a timely manner. Counsel instructed to proceed with foreclosure 11/6/07. |
| Bridges of Eldridge |
270 |
Houston |
COMM 2005-LP5 |
$20,700,000 |
Current |
| Bayberrytree |
268 |
Houston |
JP Morgan 2001-C01 |
$6,375,806 |
Hearing for receiver was set for 11/26. Property appears to be less than 25% occupied. |
| Cranbrook Forest |
261 |
Houston |
JP Morgan 2003-PM1 |
$7,793,315 |
More than 30 days delinquent |
| SteepleCrest |
260 |
Houston |
Wachovia 2002-C02 |
$11,962,325 |
Pursuit of foreclosure and appointment of a receiver is in process. |
| Inwood Oaks |
248 |
Houston |
LB-UBS 2000-C4 |
$4,174,248 |
Borrower stated that it is willing to hand over the keys. |
| Chancellor |
224 |
Houston |
JP Morgan 2006-LD9 |
$8,691,487 |
Legal counsel has been retained for possible foreclosure. |
| Villages of Loch Katrine II |
216 |
Houston |
JP Morgan 2004-PNC1 |
$6,952,397 |
More than 30 days delinquent |
| Belvedere |
201 |
Houston |
JP Morgan 2005-LD1 |
$8,567,314 |
More than 30 days delinquent |
| Oaks of Ashford |
199 |
Houston |
COMM 2005-C06 |
$8,513,160 |
Legal counsel has been retained; borrower indicated that it was pursuing a sale of the property and provided an un-executed contract. |
| Red Oak |
186 |
Houston |
First Union NB 2000-C2 |
$4,638,664 |
Legal counsel retained for possible foreclosure. Loan is due for 8/1/07. |
| Claridge |
173 |
Houston |
JP Morgan 2006-LD9 |
$9,490,951 |
Legal counsel has been retained for possible foreclosure. |
| Pine Forest |
161 |
Houston |
JP Morgan 2005-LD1 |
$6,753,749 |
More than 30 days delinquent |
| Rain Forest |
128 |
Houston |
CSFB 2001-CK3 |
$3,641,468 |
|
| Village of Loch Katrine I |
60 |
Houston |
PNC 2001-C01 |
$1,868,250 |
Borrower did not execute proposed forebearance agreement in a timely manner. Counsel has been instructed to proceed with foreclosure. |
| Oaks of Ashford Point Apt II |
56 |
Houston |
COMM 2005-C06 |
$2,516,105 |
Legal counsel has been retained; borrower indicated that it was pursuing a sale of the property and provided an un-executed contract. |
| Woodland Hills Village |
260 |
Humble |
Citigroup 2006-C05 |
$10,509,785 |
Borrower filed for Chapter 11 Bankruptcy protection on Nov. 5. |
| Cornerstone Ranch |
352 |
Katy |
Citigroup 2007-C06 |
$24,700,000 |
Current |
| Ashley House |
276 |
Katy |
JP Morgan 2007-LDP10 |
$21,500,000 |
Overall DSCR is below the CMSA threshold 1.10x due to normalization. |
| Merrywood |
228 |
Katy |
Merrill Lynch Countrywide 2006-04 |
$16,800,000 |
Current |
| Huntington Circle |
126 |
Lewisville |
PNC 2001-C01 |
$4,717,992 |
Borrower did not execute proposed forebearance agreement in a timely manner. Counsel has been instructed to proceed with foreclosure. |
| Heritage |
305 |
Live Oak |
Merrill Lynch Countrywide 2006-03 |
$22,500,000 |
Loan is now current for monthly debt service, but property management was changed to Greystar without Lender consent. |
| Heritage at Lakeside |
181 |
Plano |
Deutsche 2006-CD2 |
$22,475,000 |
Current |
| Signature Ridge |
612 |
San Antonio |
COMM 2005-LP5 |
$36,125,256 |
Current |
| Indian Hollow |
336 |
San Antonio |
JP Morgan 2004-C03 |
$21,862,315 |
More than 30 days delinquent |
| Claremore |
332 |
San Antonio |
CSFB 2004-C01 |
$21,616,293 |
The loan is current; borrower stated that the property is about to go under contract and will be subject to assumption approval. |
| Lodge at Sonterra |
326 |
San Antonio |
JP Morgan 2006-LD8 |
$23,000,000 |
Demand made on Oct. 22, and loan brought current before Oct. 29 expiration of cure period. The loan will be monitored for payments. |
| Colonial Village at Haverhill Apt |
322 |
San Antonio |
Merrill Lynch Countrywide 2006-04 |
$22,200,000 |
Current |
| Colonnade |
312 |
San Antonio |
JP Morgan 2004-PNC1 |
$17,601,318 |
More than 30 days delinquent |
| Villages of Deerfield |
300 |
San Antonio |
CSFB 2003-C05 |
N/A |
Sold to CWS Capital Partners of Newport Beach, CA |
| Mirada |
252 |
San Antonio |
Merrill Lynch 2004-BPC1 |
$14,227,246 |
Borrower filed bankruptcy on Dec. 3, but has entered into an agreement with a third party to recapitalize the borrower. |
| Wall Street |
232 |
San Antonio |
CSFB 2004-C03 |
$13,522,475 |
The borrower sent enough funds to prevent acceleration and a foreclosure posting. |
| Mansions at Canyon Springs Country Club Apts |
360 |
San Antonio |
Merrill Lynch 2005-MCP1 |
37,195,668 |
Current |
| Forest Cove |
276 |
Seabrook |
Citigroup 2006-C05 |
$14,750,000 |
Local counsel retained for possible foreclosure. |
| Fountains of Tomball |
160 |
Tomball |
CSFB 2004-C03 |
$8,324,055 |
The loan was accelerated and posted for a Nov. 6, foreclosure, but the borrower filed Chapter 11 bankruptcy on Nov. 5. |
| Victoria Station |
224 |
Victoria |
JP Morgan 2001-C01 |
$5,153,767 |
Current |
| Windward |
274 |
Webster |
Merrill Lynch Countrywide 2006-03 |
$16,750,000 |
The property has been cited for several health and safety code violations. The borrower filed for bankruptcy the night of Nov. 5. |
| Leeward |
256 |
Webster |
Merrill Lynch Countrywide 2006-03 |
$14,600,000 |
The property has been cited for several health and safety code violations. The borrower filed for bankruptcy the night of Nov. 5. |
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