Deal Name: 2004-C14

Blackstone Mortgage Trust has provided $82.2 million of financing against 444 North Michigan, a 517,115-square-foot office property in downtown Chicago. The floating-rate loan was arranged by HFF on behalf of the property's owner, GLL Real Estate Partners. The German investment ...

Commercial Real Estate Direct Staff Report State Farm Life Insurance Co. has provided a $32 million loan against 1750 H St. NW, a 113,235-square-foot office building in Washington, D.C. The loan was used to refinance a maturing $27.9 million loan ...

Pathfinder Partners has acquired the three phases of the Bel Villaggio shopping center, with 116,663 square feet in Temecula, Calif., for $18.45 million, or $158.15/sf in transactions with the two CMBS deals that had held separate portions of the center ...

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 Credit Suisse Commercial ...

Crain's Chicago Business GLL Real Estate Partners GmbH is offering for sale a 503,000-square-foot office tower in Chicago. The German investor is offering the property at 444 N. Michigan Ave., through Holliday Fenoglio Fowler. It could sell for $100 million. ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionBanc of America Commercial Mortgage Inc., 2004-51,320.01,380.0CS5.5Baa2Baa3Improved performance of Charles Square LoanChase Commercial Mortgage Securities Corp., 1998-1505.0817.9D45.0AaaAa3Increased subordination---E12.3Aa1A1----F36.8Baa1Baa3----G8.2Baa3Ba1-Commercial Capital Access One Inc., Series 3256.0433.73-B45.5AaaAa1Increased subordinationCDC Commercial Mortgage Trust, 2002-FX1584.2637.5E8.0AaaAa1Increased subordination; defeasance (34.3 percent of ...

Moody's Investors Service has downgraded the $39.18 million class PP from Wachovia Bank Commercial Mortgage, 2004-C14, because of declining credit from the loan's sponsor. Park Place Mall in Tucson, Ariz. serves as the deal's largest loan with a $146.90 million ...

August 20, 2004 KanAm US Grundinvest Fonds, a Munich, Germany, investment firm, has paid about $300 million for two Chicago office properties totaling 1.4 million square feet.KanAm bought 333 West Wacker Drive and a 90 percent interest in 444 North ...

August 12, 2004 Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Moody's Final Pricing (bp) Bnch mark A1 40.00 13.625 2.59 AAA Aaa +30 swaps A2 226.42 13.625 5.20 AAA Aaa +27 swaps A3 80.24 13.625 8.11 ...