Deal Name: 2004-HTL1

Commercial Real Estate Direct Staff ReportThere's talk that HEI Hospitality LLC has agreed to buy the 360-room Park Hyatt San Francisco hotel.The Norwalk, Conn., firm is said to be paying around $350,000/key or $126 million for the hotel at 333 ...

Moody's Investors Service has upgraded eight classes of COMM, 2004-HTL1, because of increased subordination levels. The deal has a remaining balance of $126.0 million, down 85.8 percent from $951.6 million at issuance.Moody's upgraded the deal's: - $9.23 million class B ...

The fund, managed by Morgan Stanley Real Estate, has purchased the 646-room hotel from an affiliate of Strategic Hotel Capital and is financing the purchase with some $195 million of financing from JPMorgan Chase.

July 15, 2004 Class Amt $mln Avg Life (yrs) Rating S&P Rating Moody's Final Pricing (bp) Bnch mark A-1 426.11 1.82 AAA Aaa +24 Libor A-2 142.04 2.12 AAA Aaa +32 Libor B 28.07 2.09 AA+ Aa1 +45 Libor C ...