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Deal Name: 2003-C4
Owner of Phila. Building Defeases $57.3Mln Loan 5 Months Before Maturity
Commercial Real Estate Direct Staff Report The venture that owns the office space in Philadelphia's Wanamaker Building has retired its $57.3 million CMBS loan through defeasance, five months before it was coming due. The loan, securitized through Credit Suisse First ...
Fitch Downgrades MSDWC 2001-TOP3, WBCMT 2003-C4, JPMCC 2005-CB13, BACM 2005-1 and SBM7 2000-C2
Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes Morgan Stanley Dean Witter ...
S&P Upgrades Bonds from 2 CMBS Deals
HTML clipboard Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln Class Size $mln S&P New Rating S&P Old Rating Reason for Rating Action LB Commercial Mortgage Trust, 1998-C4 298.1 2,026.0 D 92.1 AAA AA Increased subordination; defeasance ($13.2 ...
Portland Office Portfolio Sold for $63.1Mln
LaeRoc Partners Inc. has paid $63.1 million for three office buildings totaling 282,240 square feet in downtown Portland, Ore.The properties, the 164,240-sf American Bank Building at 621 S.W. Morrison, the 60,000-sf Mohawk Building at 702 S.W. Third and the 58,000-sf ...
FITCH RATINGS CMBS UPGRADES
Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln FitchNewRating FitchOldRating Reason for Rating Action Office Portfolio Trust 2001-HRPT 237.5 259.8 H 17.1 BB+ BB Improved property performance. Wachovia Bank Commercial Mortgage Trust, 2003-C4 661.2 891.8 F 12.3 AAA AA Increased ...
Domestic CMBS Volume Seen Topping $60Bln for Year
With some $15 billion of CMBS deals slated to price between now and the end of the year, 2003 should see about $60 billion of private-label domestic issuance. Currently four deals totaling $3.3 billion are in the market and should ...
CSFB’s $1.3Bln Conduit Comes to Market
September 3, 2003 By Rhonda L. Lipschutz, Commercial Real Estate Direct Staff WriterCredit Suisse First Boston has launched a $1.3 billion conduit.The deal, Credit Suisse First Boston Mortgage Securities Corp., 2003-C4, which has been rated by Moody's and Standard & ...
FINAL PRICING: $891.8Mln Wachovia Bank Mortgage Trust, 2003-C4
April 3, 2003 Class Amt ($mln) Sub Level (%) Avg Life (yrs) Rating S&P Rating Fitch Price Talk (bp) Final Pricing (bp) Bnch mark A-1 80.5 21 3.5 AAA AAA +30 +30 Swaps A-2 374 21 7.9 AAA AAA +42-43 ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
