Greystone Tops CMBS Conduit B-Piece Buyers Through September; 3650 REIT Tops Risk Retainers – Commercial Real Estate Direct

The Crowne Plaza JFK Airport hotel, with 335 rooms in the Jamaica section of Queens, NY, has been sold for $84 million, or $250,746/room The property’s sale will result in the defeasance or likely pay off of a $377 million CMBS mortgage that doesn’t…