Bloomberg Name: GCCFC 2006-GG7

Phoenix Business Journal An entity affiliated with LNR Properties LLC has sold to an undisclosed buyer the 123,236-square-foot Santan Gateway North shopping center at 1005 South Arizona Ave. in Chandler, Ariz., for $16.9 million, or $137.14/sf. The buyer is listed ...

Commercial Real Estate Direct Staff Report The Portals I office property in downtown Washington, D.C., might be worth only $110.4 million, according to analysis by Morningstar Credit Ratings. That could spell losses of $68.7 million to Greenwich Capital Commercial Funding ...

Commercial Real Estate Direct Staff Report The CMBS trust that holds the debt against Lorden's Plaza, a 148,000-square-foot retail center in Milford, N.H., has put the property up for sale. The property had served as collateral for a $26 million ...

Dallas Business Journal Taconic Capital Advisors has acquired International Plaza I and II, a two-building office property with a total of 757,000 square feet in the Dallas suburb of Farmers Branch, Texas. The New York company bought the vacant buildings ...

Commercial Real Estate Direct Staff Report The value of the two-building JPMorgan International Plaza in suburban Dallas has been slashed by more than 55 percent, to $120 million from $268 million in 2006. The value reduction was noted this morning ...

Commercial Real Estate Direct Staff Report The $157.5 million loan against JPMorgan International Plaza I and II in suburban Dallas once again has transferred to special servicing because it's expected to default as its sole tenant is vacating in three ...

Commercial Real Estate Direct Staff Report The 342,465-square-foot Corporate Center in Fort Lauderdale, Fla., is being offered for sale through CBRE, which will take bids through an online auction. The two-building property, at 110 East Broward Blvd., backs a $36.4 ...

Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Greenwich Capital Commercial ...

Washington Business Journal Portals I, a 449,413-square-foot office property in downtown Washington, D.C., that serves as collateral for $155 million of CMBS debt has been sold at auction to the note holder for $84 million, $186.91/sf. The loan is securitized ...

Commercial Real Estate Direct Staff Report The $155 million CMBS loan against Portals I, a 449,413-square-foot office property in downtown Washington, D.C., has been hit with a $38.75 million appraisal reduction amount, or ARA. That's an indicator that the collateral ...