Deal Name: 2003-TOP12

Whitestone REIT has paid $29 million, or $256.40/sf for the first phase of Pinnacle of Scottsdale, a 113,108-square-foot retail center in Scottsdale, Ariz. The Houston REIT bought the property from a partnership led by Westwood Financial, which had purchased it ...

The Real Deal AEW Capital Management has acquired 360 Lexington Ave. in Manhattan for $128.6 million from Himmel + Meringoff Properties. The purchase price includes the assumption of $38.6 million of mortgage debt that was securitized through Bear Stearns Commercial ...

Landesbank Hessen-Thuringen Girozentrale, better known as Helaba Bank, has provided $90 million of floating-rate financing for 401 West 14th St., a 62,199-square-foot retail property in Manhattan's Meatpacking district. The financing, arranged by Holliday Fenoglio Fowler, has a five-year term and ...

Kalmon Dolgin Affiliates Inc. has paid $25.4 million for 15 Grumman Road West, a 385,000-square-foot office/warehouse in Bethpage, N.Y., as well as an adjoining 25-acre development parcel.Kalmon Dolgin, a Brooklyn, N.Y., real estate firm, purchased the property from Nassau Realty ...

October 21, 2003 Commercial Real Estate Direct Staff ReportDocuments governing two recent CMBS transactions spell out how servicers are to be reimbursed for principal and interest advances they make against collateral loans that begin paying again.CMBS deals have generally only ...

October 1, 2003 Class Amt ($mln) Sub Level (%) Avg Life (yrs) Rating Moody's Rating Fitch Price Talk (bp) Price Final (bp) Bnch mark A1 198 12 3.64 Aaa AAA +22 area +22 Swaps A2 150.6 12 5.84 Aaa AAA ...