IXIS Real Estate Capital provided a $200 million financing package to a venture between Capital Partners and Lehman Bros. for its 38-property office portfolio acquisition.Highwoods Properties recently <a href="/crnews/cgi-bin/crenews-news-story.cgi?link=20050726389.html" target="new">sold the properties to the venture for $228 million</a>. The portfolio ...
May 12, 2005 Moody's Investors Service has upgraded three classes of Calwest Industrial Trust, 2002-CALW, because their leverage levels have declined as a result of a substantial paydown. The deal is backed by $625 million of debt on what is ...
October 4, 2004 Standard & Poor's has downgraded three classes of Calwest Industrial Trust, 2002-CALW, because of a decline in the collateral portfolio's net cash flow.The rating agency downgraded the deal's: – $50 million class B to single-A-plus from double-A; ...
June 18, 2004 Moody's Investors Service has downgraded five classes of Calwest Industrial Trust, 2002-CALW, because the collateral's performance has been worse than expected.The rating agency downgraded the deal's:– $275 million class A-FL to Aa1 from Aaa;– $475 million class ...
February 20, 2004 Moody's Investors Service has placed five classes of Calwest Industrial Trust, 2002-CALW, under review for possible downgrade because revenue at the properties securing the deal's collateral loan has fallen and expenses have risen.The rating agency is reviewing ...
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