Commercial Real Estate Direct Staff Report LNR Partners, acting as special servicer for GS Mortgage Securities Corp. II, 2004-GG2, has sold the 355,269-square-foot Tamarac Plaza office complex in Denver to Parallel Capital Partners for $23 million, or about $64.74/sf. The ...
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 Banc of America ...
Rouse Properties Inc. has agreed to buy a 51 percent stake in the Mall at Barnes Crossing and the adjoining Market Center in Tupelo, Miss., in a deal that will result in the pay off of a $57.5 million CMBS ...
Richmond Bizsense Taubman Centers must decide what to do with the 343,000-square-foot Stony Point Fashion Park near Richmond, Va., when its $99.53 million CMBS against the retail property matures in June. The debt is securitized through GS Mortgage Securities Trust, ...
The $625 million of financing that Goldman Sachs had provided for the Grand Canal Shoppes and the Shoppes at The Palazzo in Las Vegas carries a fixed rate of 4.24 percent and matures in 2019. The loan is being used ...
Commercial Real Estate Direct Staff Report Borders Group, which filed for Chapter 11 bankruptcy protection yesterday and said it would close 200 of its 642 stores, leases 33 stores in properties that serve as collateral for loans in CMBS deals, ...
Moody's Investors Service has placed 13 classes of GS Mortgage Securities Corp. II, 2004-GG2, on review for possible downgrade due to expected losses from loans in special servicing.A total of six loans with a balance of $253 million are with ...
Crain's Chicago BusinessThe $393.7 million loan on the Grand Canal Shoppes at the Venetian in Las Vegas has been transferred to special servicing. The loan was provided to General Growth Properties, a Chicago REIT that today filed for Chapter 11 ...
August 17, 2004 By Jillian S. Ambroz, Commercial Real Estate Direct Staff WriterRBS Greenwich Capital Markets has provided $71.5 million of financing for Town & Country Resort and Convention Center, a 1,000-unit hotel resort in San Diego.The 10-year mortgage was ...
July 30, 2004 Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Moody's Final Pricing (bp) Bnch mark A-1 45.00 13.25 1.21 AAA Aaa +18 EDSF** A-1A 177.67 13.25 6.72 AAA Aaa NA swaps A-2 100.00 13.25 3.73 ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..