Bloomberg Name: WBCMT 2005-C21

Commercial Real Estate Direct Staff Report Park Place II, a 242,676-square-foot retail center in Sacramento, Calif., has been put up for sale. The property, at 4690-4780 Natomas Blvd., had backed a $44.7 million loan that was securitized through Wachovia Bank ...

Commercial Real Estate Direct Staff Report Metropolitan Square, a 987,300-square-foot office building in downtown St. Louis, has been appraised at a value of only $52.1 million. That compares with the $124.5 million balance on the CMBS loan against it. According ...

Commercial Real Estate Direct Staff Report The $124.5 million CMBS loan against the Metropolitan Square office building in downtown St. Louis has been transferred to special servicing, five years after it was modified. The loan was securitized through Wachovia Bank ...

Commercial Real Estate Direct Staff Report Goodstone LLC has paid $9.5 million, or about $44/sf, for 6116 Executive Blvd., a 217,732-square-foot office property in North Bethesda, Md., that had been encumbered by $48.6 million of CMBS debt. The property had ...

Commercial Real Estate Direct Staff Report JPMorgan Chase Bank and Landesbank Hessen-Thuringen Girozentrale have provided $110 million of mortgage financing against 180 Madison Ave., a 280,953-square-foot office property in the midtown south area of Manhattan. The financing, arranged by HFF, ...

Commercial Real Estate Direct Staff Report A $100 million CMBS loan against 10 office and industrial properties with 2.2 million square feet leased primarily to various government agencies has transferred to special servicing because it's expected to default. The loan, ...