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Deal Name: 2003-PWR2
FINAL PRICING: $1.066Bln Bear Stearns Commerical Mortgage Securities Inc., 2003-PWR2
September 10, 2003 Class Amt ($mln) Sub Level (%) Avg Life (yrs) Rating S&P Rating Fitch Price Talk (bp) Final Price (bp) Bnch mark A1 92.1 13.5 3.80 AAA AAA -- +24 Swaps A2 125 13.5 5.70 AAA AAA -- ...
Prudential Mortgage Provides $273Mln Mortgage for Times Square Building
The lender provided the partnership that owns 3 Times Square with $273 million of fixed-rate debt. A $100 million chunk of the debt's senior portion is being securitized through an upcoming CMBS deal.
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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.
