Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston Healthpeak Properties Inc is developing the five-story property at 7500 Fannin St It already is 36 percent preleased and will include a...
Commercial Real Estate Direct Staff Report The coronavirus pandemic has contributed to a sharp increase in the number of CMBS loans that are potentially problematic, as Kroll Bond Rating Agency last month added 1,587 loans with a balance of $342...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded the $226 million class F of GS Mortgage Securities Corp II, 2012-GCJ9, to B from B+, because of the weak performance of two collateral loans that are in special...
Fitch Ratings, which was hired to rate only five of the 20 single-borrower transactions that have priced so far this year, has charged its competitors with requiring credit protection levels on some of those deals that have been insufficient for the...
Moody’s Investors Service said it will add an indicator, (sf), to ratings it places on structured finance securities, including CMBS, effective in the second quarter The rating agency said the indicator is being adopted to comply with...
Commercial Real Estate Direct Staff Report The three major rating agencies downgraded a total of 3,405 CMBS bond classes during the first half of the year and upgraded only 82, for the most lopsided upgrade-to-downgrade ratio in the history of the...
Commercial Real Estate Direct Staff Report The SEC yesterday took a number of actions that it said were designed to beef up its oversight of credit rating agencies as well as improve the transparency of the ratings process Key among the rule changes...
Commercial Real Estate Direct Staff Report The SEC has finalized a series of proposed rules governing rating agencies in an effort to address transparency and potential conflict-of-interest issues The rules do not include a requirement that rating...
National Retail Properties Inc last week priced $250 million of unsecured notes through underwriters led by bookrunners Banc of America Securities and Wachovia Securities The Orlando, Fla, REIT, formerly known as Commercial Net Lease Realty Inc,...
Liberty Property Trust has priced $300 million of senior unsecured debt through underwriters led by Banc of America Securities, Morgan Stanley and Wachovia Securities The Malvern, Pa, REIT priced the notes, which have a maturity of Oct 1, 2017, and...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
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