Bloomberg Name: MSC 2011-C2

Simon Property Group has added two malls to its list of "other properties," an indication that it's willing to give up on them. The two malls bring to 18 the number of properties the Indianapolis REIT has earmarked as "other." ...

Commercial Real Estate Direct Staff Report The Towne West Square Mall in Wichita, Kan., has been appraised at a value of only $15.9 million. That compares with the $81 million appraised value pegged to the property just less than eight ...

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 Morgan Stanley Capital ...

Commercial Real Estate Direct Staff Report The Towne West Square Mall in Wichita, Kan., whose CMBS loan was transferred to special servicing last week, is likely worth less than the $46.9 million balance on its mortgage. Morningstar Credit Ratings has ...

Commercial Real Estate Direct Staff Report JBG Cos. has ponied up $4.25 million to pay down the principal balance of the $46.5 million mortgage against the Georgetown Center office property in Washington, D.C., buying it a six-month term extension. The ...

Commercial Real Estate Direct Staff Report Dekabank Deutsche Girozentrale has provided a $300 million loan against One Park Ave., a 947,000-square-foot office building in midtown Manhattan. The five-year loan pays a rate pegged to Libor plus 175 basis points and ...

Blackstone Mortgage Trust Inc. has provided $210 million of mortgage financing against 1180 Avenue of the Americas, a 383,983-square-foot office building in midtown Manhattan. The mortgage, which includes $7 million of construction financing, was used to pay off a $133 ...