Deal Name: 2005-C1

Commercial Real Estate Direct Staff Report A venture involving George Comfort & Sons is seeking to extend the maturity of some $165 million of debt on 63 Madison Ave., a 797,377-square-foot office building in the midtown south area of Manhattan.The ...

Commercial Real Estate Direct Staff ReportMission Capital Advisors has launched the offering of $19.1 million of nonperforming mortgages on behalf of a CMBS special servicer. The New York loan-sales adviser has set an Oct. 6 deadline for initial offers and ...

MassMutual has closed on its $43 million financing for the Courtyard Manhattan/Midtown East, agreed to provide the financing earlier this summer. It pays a fixed rate of 8.81 percent and matures in 2014. It amortizes over a 30-year schedule, so ...

MassMutualhas agreed to provide $43 million of financing for the CourtyardManhattan/Midtown East, a 312-room hotel on Third Avenue in Manhattan.Themortgage would have a term of five years and pay a coupon of 8.8 percent. Itwould be used to pay off ...

The recent transfer to special servicing of a $57.7 million loan has prompted Standard & Poor's to place 11 classes of GMAC Commercial Mortgage Securities Inc., 2005-C1, on creditwatch negative.The loan, which is secured by a 321,041-square-foot office property in ...

Commercial Real Estate Direct Staff ReportNorthStar Realty Finance has warned the servicer of $42.8 million of securitized debt that is backed by three office properties in the Los Angeles area that it would no longer be able to keep the ...

Fitch Ratings has placed 11 classes of GMAC Commercial Mortgage Securities Inc., 2005-C1, on rating watch negative due to the recent transfer of a $57.2 million loan to special servicing. The loan, which is backed by a 321,041-square-foot class-A office ...

Standard & Poor's has downgraded nine classes of GMAC Commercial Mortgage Corp., 2005-C1, because of concerns it has with three loans totaling $34.3 million that are in special servicing.The largest of those has a balance of $26.8 million and is ...

By John Covaleski, Commercial Real Estate Direct Staff Writer Brookfield Properties Corp. is marketing for sale Potomac Tower, a 237,000-square-foot office building in Rosslyn, Va. Cassidy & Pinkard Colliers has the listing for the 19-story property, at 1001 North 19th ...

DiNapoli Capital Partners has paid $96 million for the Hyatt Regency Phoenix, a 696-room hotel across the street from the Phoenix Convention Center. The Los Angeles investment manager is led by F. Matthew DiNapoli, who previously was a founding principal ...