Deal Name: 2004-FL2

New York Observer Blackstone Group has completed the sale of the 2.2 million-square-foot Southfield Town Center in the Detroit suburb of Southfield, Mich. The New York investment manager sold the property to the 601W Cos. for $177.5 million, or about ...

The buzz is that Blackstone Group has tapped HFF to market for sale the Southfield Town Center, a 2.2 million-square-foot office property in the Detroit suburb of Southfield, Mich. The property, on Town Center Drive between Interstate 696 and the ...

Blackstone Group is offering for sale Southfield Town Center, a 2.2 million-square-foot office complex in the Detroit suburb of Southfield, Mich. The five-building property backs $247.2 million of debt, a $151.2 million piece of which is securitized through Greenwich Capital ...

HTML clipboardFollowing is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DebtX (collateral value, % of par)* Class Size $mln Fitch New Rating Fitch Old Rating Reason for Rating Action ...

HTML clipboardFollowing is a list of recent downgrades by Moody's InvestorsService: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln Class Size $mln Moody's New Rating Moody's Old Rating Reason for Rating Action Credit Suisse First Boston Mortgage Securities ...

Moody's Investors Service has downgraded two classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, due to performance issues related to the deal's remaining two loans. Southfield Town Center, a 2.1 million-square-foot office property in suburban Detroit that backs a $165 ...

Moody’s Investors Service has downgraded two classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, because cash flows on one of its two remaining collateral loans have been lower than expected.The rating agency placed three of the deal's classes under review ...

Moody's Investors Service has placed under review for possible downgrades four classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, because of the weak performance of a large collateral loan.The rating agency said it was concerned that net cash flow at ...

Standard & Poor's last week downgraded three classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, because of a decline the performance of the largest loan in the transaction.The rating agency said the Southfield Town Center, a 2.1 million-square-foot office complex ...

Fitch Ratings has placed under review for possible downgrades three classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, that are tied to a maturing $23.6 million mortgage on an Atlanta office building.The rating agency said the property, Northlake Office Park, ...