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Commercial Real Estate Direct Staff Report The appraised value of the 229-room W Minneapolis hotel has dropped to $62.5 million. The latest appraisal, highlighted this morning in a TreppWire report, compares to the $68.5 million value pegged to the Minneapolis ...
Commercial Real Estate Direct Staff Report The owner of 179,186 square feet at the Queens Crossing mixed-use complex in Flushing, N.Y., has agreed to put up a $2 million letter of credit and allowed for a cash sweep of up ...
Commercial Real Estate Direct Staff Report The $56.5 million CMBS loan against the 648-unit Eagle Ridge Village apartment property just outside of the Fort Drum army installation in New York State's north country, has been modified so it won't amortize ...
Commercial Real Estate Direct Staff Report The $68.7 million CMBS loan against 179,186 square feet at the Queens Crossing mixed-use property in Flushing, N.Y., has transferred to special servicer Rialto Capital Advisors as cash flow from its collateral has declined. ...
Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes Credit Suisse Commercial Mortgage ...
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