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The Sheraton Park Hotel in Anaheim, Calif., whose $65 million CMBS loan had soured in 2012, was sold at auction, generating $52.5 million of proceeds for Wachovia Bank Commercial Mortgage Trust, 2007-C34, which had held the loan. The CMBS trust ...
Commercial Real Estate Direct Staff Report CWCapital Asset Management will take bids next week through the RealInsight Marketplace online platform for the 486-room Sheraton Park Hotel in Anaheim, Calif. The property, at 1855 South Harbor Blvd. Drive, near the Anaheim ...
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 ...
JPMorgan Chase Bank has provided $450 million of mortgage financing against a portfolio of 18 hotels with 3,540 rooms in seven states. The two-year loan pays a rate pegged to Libor plus 455 basis points and can be extended for ...
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