Bloomberg Name: JPMCC 2007-CB20

The Clark Tower, a 675,505-square-foot office building in Memphis, Tenn., has been sold for $38.12 million, or $56.44/sf, resulting in the near total wipe-out of a $60.75 million CMBS loan that it had backed. The loss was driven by the ...

Commercial Real Estate Direct Staff Report The $60.4 million of CMBS debt against the Clark Tower office building in Memphis, Tenn., is nearing its extended term, so it's been transferred once again to special servicer C-III Asset Management. The latest ...

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 Bear Stearns Commercial ...

The Circle at North Hills, a 745,958-square-foot shopping center in Raleigh, N.C., that had seen a recent decline in cash flow, has been refinanced with a $150 million mortgage provided by TIAA. The property had served as collateral for a ...

Empire Hotel Group has paid $69.42 million, or about $559,839/room, for the 124-room Milburn Hotel in the Upper West Side of Manhattan. The New York firm, led by Sam Domb, used a $32 million loan from the Israel Discount Bank ...

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 Banc of America Commercial ...

TIAA-CREF is evaluating its options for the Ellington, a 190-unit apartment property in the U Street corridor of Washington, D.C. The New York investment manager has hired Eastdil Secured as an adviser to help it determine whether to sell the ...