Deal Name: 2003-C1

Business Real Estate Weekly of Arizona The $28.7 million loan on the Park Central mixed-use development in Phoenix is in default and scheduled to be sold at an April 19 auction. The loan is securitized through LB-UBS Commercial Mortgage Trust, ...

A Macerich venture has paid $105.6 million for the 50 percent stake it didn't already own in Kierland Commons, a 316,000-square-foot retail property in Scottsdale, Ariz. It teamed with Institutional Mall Investors LLC, a CalPERS investment venture managed by Miller ...

HTML clipboardFollowing is a list of recent downgrades by Moody's InvestorsService: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DebtX (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Reason for Rating Action ...

Moody's Investors Service has downgraded two classes of JPMorgan Chase Commercial Mortgage Securities Corp., 2003-C1, because of concerns about the occupancy of an 858,000-square-foot mall in Omaha, Neb., that backs a $41.4 million collateral loan. The property, Crossroads Mall, is ...

Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln FitchNewRating FitchOldRating Reason for Rating Action GS Mortgage Securities Corp. II Series 2004-C1 669.3 892.3 D 16.7 AAA AA Increased subordination; defeasance (36.9 percent of the pool). - - - E 12.3 ...

  Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln Moody'sNewRating Moody'sOldRating Reason for Rating Action Washington Mutual Asset Securities Corp., 2003-C1 209.6 571.9 E 2.9 Aaa Aa1 Increased subordination - - - F 4.3 Aaa Aa3 - - - - ...

A venture between two Los Angeles investors is offering for sale Westheimer at Sage, a 428,000-square-foot retail complex in Houston. Bob Yari and Kam Mateen own the four-building complex and have tapped HFF Inc. to list it. It is expected ...

Commercial Real Estate Direct Staff Report Hines REIT has agreed to pay $87 million for 3 Huntington Quadrangle, a 407,731-square-foot office building in the Long Island, N.Y., community of Melville. The 36-year-old building was sold by an affiliate of AEW ...

An affiliate of Gazit-Globe, an Israeli firm, is said to be paying $113 million, about $260/sf, for 3535 Market Street, a 435,000-square-foot medical office building in Philadelphia. The property is being purchased from UrbanAmerica, which is represented by CB Richard ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnFitchNewRatingFitchOldRatingReason for Rating ActionCredit Suisse First Boston Mortgage Securities Corp., 2001-CK1845.3997.1F20.2AA+AAIncreased subordination; defeasance (25.6 percent of pool)---G17.7AA-A+-Commercial Mortgage Acceptance Corp., 1998-C21,740.02,890.0G21.7AAAAADefeasance (46.8 percent of pool)---H36.1A+A-LB-UBS Commercial Mortgage Securities Corp., 2002-C71,120.01,190.0F14.8AAAAA+Defeasance (26.3 percent of pool)---G14.8AAAAA-----H19.3AAA----J11.9A+A-----K11.9ABBB----L19.3BBBBBB-----M7.4BBB-BB----N5.9BB+BB-----P8.9BB-B+----Q4.5B+B----S3.0BB--Washington Mutual Asset Securitization ...