Protestors with Occupy Wall Street continue to target properties tied to CMBS transactions, a Trepp report said.
Earlier this fall the protestors occupied Zuccotti park, which is outside of Brookfield's One Liberty Plaza. According to the report, that property is backed by almost $600 million in CMBS debt split between a 2007 deal and a 2008 deal.
The group has now migrated to a property that is also part of the CMBS world. According to a Wall Street Journal report, the group has taken to occupying space at New York's New School Student Study Center. The article stated that 30 protestors "seized" the school's space, blocking entrances and refusing to leave.
The school's Study Center is located at 90 Fifth Avenue. That property is owned by RFR Realty, which in turn is owned by Aby Rosen. The $63.6 million loan represents 4.5% of the collateral pool for JPMCC 2005-CB11, Trepp reported.
