21.04.2014 20:17:00
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Moody's: No rating impact on GSMS 2007-GG10 following a Non-Permitted Equity Transfer of the Great Escape Theatres Loan
New York, April 21, 2014 -- Moody's Investors Service (Moody's) was informed of a non-permitted equity transfer request from the current borrower of the Great Escape Theatres Loan for the note in GS Mortgage Securities Corporation II, Commercial Mortgage Pass-Through Certificates, Series 2007-GG10. The non-permitted equity transfer would allow for the 100% transfer of the interest in Cinescape Property, LLC, a Delaware limited liability company (the "Borrower") from the Borrower as part of Stock Purchase Agreement with EPR Escape, LLC, to EPR Properties, Inc.