Nomura Credit & Capital Inc. has provided Maguire Properties with a $458 million loan to refinance the 1.3 million-square-foot Gas Company Tower office property in Los Angeles.Nomura last year had provided a forward commitment for the loan. At that time, ...
Moody's Investors Service has upgraded two classes of Banc of America Large Loan Inc., 2003-BBA2, because of improved subordination levels.The deal's balance is $636.4 million, compared with $1.4 billion at issuance. The large reduction in the pool's balance offsets what ...
Fitch Ratings has downgraded two classes of Banc of America Large Loans Inc., 2003-BBA2, because the deal's second largest loan has performed poorly.The loan, with a balance of $185.6 million, is backed by office properties in Atlanta, Irving, Texas and ...
Standard and Poor's has downgraded the $34 million class L of Banc of America Large Loan, 2003-BBA2, to BB from BBB- because the properties backing a large collateral loan have performed poorly.The loan, Colonnade Portfolio, has a trust balance of ...
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