Deal Name: 2004-C10

Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Wachovia Bank Commercial ...

Commercial Real Estate Direct Staff Report New York Community Bank has provided $500 million of financing for the Starrett-Lehigh Building, a 2.2 million-square-foot office property that was recently purchased by RXR Realty for $920 million. The financing was highlighted by ...

New York Post The owners of Manhattan's Starrett-Lehigh Building have tapped Eastdil Secured to shop for debt or preferred equity in order to recapitalize the 2.2 million-square-foot building. The 74-year-old former industrial building that was converted into office space was ...

Following is a list of recent downgrades by Standard & Poor's: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln S&P New Rating S&P Old Rating Notes Bear Stearns Commercial ...

Commercial Real Estate Direct Staff ReportWilkinson Real Estate Partners has retired through defeasance three securitized loans totaling $18.9 million on apartment properties it owns in the Greenville, S.C., area.The defeasance, orchestrated by Commercial Defeasance of Charlotte, N.C., allowed Wilkinson, of ...

  Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln S&PNewRating S&POldRating Reason for Rating Action GS Mortgage Securities Corp. II, 2004-GG2 2,515.0 2,604.0 B 65.1 AA+ AA Increased subordination; defeasance (17 percent of pool) - - - C 29.3 AA ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionLB-UBS Commercial Mortgage Trust, 2004-C11,380.01,420.0B12.5AaaAa1Improved collateral performance, defeasance (7.9 percent of pool)----12.5AaaAa2-----16.0Aa1Aa3-----21.4Aa3A1-----12.5A1A2-Wachovia Bank Commercial Mortgage Securities Trust, 2004-C101,290.01,310.0B38.7AaaAa1Defeasance (15.7 percent of pool) ---C16.1Aa2Aa3----SL23.7A3Baa2Amortization of Starrett-Lehigh loan

Following is the second and final part of a list of CMBS upgrades by Moody's Investors Service. The upgrades resulted from the adoption by the rating agency of a quantitative examination of certain seasoned conduit transactions.Deal NameClassSize$mlnMoody'sNewRatingMoody'sOldRatingNotesMorgan Stanley Dean Witter ...

February 13, 2004 By Rhonda L. Lipschutz, Commercial Real Estate Direct Staff WriterJ.P. Morgan Chase Securities and Wachovia Securities each priced CMBS conduits yesterday at spreads wider than the market had seen last month.The $1.04 billion J.P. Morgan Chase Commercial ...

February 9, 2004 Wachovia Securities has come to market with a $1.29 billion conduit.The transaction, Wachovia Commercial Mortgage Securities Corp., 2004-C10, is backed by 102 mortgages originated by Wachovia and Citigroup. It has been rated by Moody's and Standard & ...