Bloomberg Name: MSBAM 2013-C11

Commercial Real Estate Direct Staff Report The value of Westfield Countryside, a 464,836-square-foot shopping mall in Clearwater, Fla., has been reduced once again, this time to $93.5 million. The latest appraisal reduction was highlighted this morning in a TreppWire report. ...

Commercial Real Estate Direct Staff Report The $58.6 million CMBS loan against the Matrix Corporate Center office complex in Danbury, Conn., suffered a loss of $46.1 million as a result of the sale of its collateral for $17 million. The ...

Commercial Real Estate Direct Staff Report Matrix Corporate Center, a 1 million-square-foot office property in Danbury, Conn., whose $58.6 million CMBS loan has been in special servicing for more than two years, has been sold for $17 million, according to ...

Commercial Real Estate Direct Staff Report The Matrix Corporate Center, a 1 million-square-foot office building in Danbury, Conn., has been appraised at $60.8 million - less than half the $126 million appraised value pegged to it less than five years ...

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 Wachovia Bank Commercial ...

Harbor Group International has paid $37.9 million, or about $86,193/unit, for Arium St. Johns, a 440-unit apartment property in Jacksonville, Fla. The Norfolk, Va., investment manager purchased the property, at 7925 Merrill Road, from a venture of the Carroll Organization ...

Commercial Real Estate Direct Staff Report The $81.5 million loan against the Matrix Corporate Center, a 1 million-square-foot office building in Danbury, Conn., has transferred to special servicer Midland Loan Services because it's expected to default. The loan is the ...