Bloomberg Name: WFRBS 2014-C24

Commercial Real Estate Direct Staff Report Younan Properties has paid $18.1 million, or $40.20/sf, for the 450,154-square-foot Two Westlake Park office property in Houston. The purchase by Younan, of Woodland Hills, Calif., was first reported by the Houston Chronicle. The ...

Kroll Bond Rating Agency has downgraded two principal-paying classes of WFRBS Commercial Mortgage Trust, 2014-C24, because of the losses it expects to result from the resolution of a number of trouble loans, including a $91 million mortgage against the Two ...

Commercial Real Estate Direct Staff Report The $91 million CMBS loan against the Two Westlake Park office property in Houston could be headed for trouble. BP PLC, which leases 163,000 square feet at the 450,154-sf building, vacated nearly 96,000 sf ...

Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingKroll RatingFitch  Pricing % Yield% Final Pricing (bp) Bnch mark A-1 34.20  30.00 2.86  Aaa AAA  AAA 99.999 1.375 +38 swaps A-2 55.25  30.00 4.95 Aaa  AAA  AAA 103.000 2.209 +55  ...