• October 9, 2026Lending & ForeclosureRuling IssuedNY

    Wilmington Trust v. Stradtman Park, LLC: Fourth Department Upholds Trial Court's Cut to CMBS Special Servicer's Foreclosure Fees and Interest

    On October 9, 2026, New York's Appellate Division, Fourth Department unanimously affirmed an Erie County damages judgment in a commercial mortgage foreclosure brought by the trustee of the JPMBB Commercial Mortgage Securities Trust 2014-C24, acting through special servicer LNR Partners, LLC, against borrower Stradtman Park, LLC. The trust had asked for roughly $588,000 in attorneys' fees and got $250,000, and it…

  • June 16, 2026Lending & ForeclosureRuling IssuedIL

    Citibank, N.A. v. Golub & Company (Magnificent Mile Office Tower Foreclosure Receivership)

    Citibank, N.A., as trustee for CMBS bondholders, and special servicer LNR Partners moved to foreclose on 625 North Michigan Avenue, a 28-story, roughly 290,000-square-foot office tower on Chicago's Magnificent Mile, after landlords Golub & Company and BlueFive Capital defaulted on a $50.6 million loan that matured on March 6, 2026 without repayment. A Cook County judge appointed Scott Shefman of Friedman Real…

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CREdocket summarizes public court records and reporting; see our sourcing standards and corrections log. Not legal advice.