other material
confidence high
sentiment neutral
materiality 0.55
Late payoff of Starbucks Center loan triggers $40M additional distribution to Class A-3 holders
COMM 2016-COR1 Mortgage Trust
- Master Servicer notified on June 25, 2026 of late payoff of Starbucks Center Mortgage Loan (Loan 5).
- Additional principal payment of $40,000,000 made to Class A-3 Certificateholders on June 29, 2026.
- Initial distributions had been made on June 12, 2026; this is a supplemental distribution.