Deal Name: 2005-C16

Commercial Real Estate Direct Staff Report The vacant Aon office building in Glenview, Ill., was appraised in July at a value of $11 million, down from $18.5 million last December, increasing the potential losses for investors in the CMBS deal ...

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 Wachovia Bank Commercial ...

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 LB-UBS Commercial Mortgage ...

Commercial Real Estate Direct Staff Report Excel Trust Inc. will be paying off the $45.6 million CMBS loan against the Gilroy Crossing shopping center in Gilroy, Calif., when it becomes open to prepay in August. The loan, securitized through Wachovia ...

Commercial Real Estate Direct Staff Report Deutsche Bank has provided $280 million of financing against 175 West Jackson Blvd., a 1.5 million-square-foot office building in downtown Chicago. The 10-year loan, with a coupon of 5.09 percent, was used by the ...

SL Green Realty Corp. has acquired a 49.9 percent stake in 180 Maiden Lane in a recapitalization of the 1.1 million-square-foot office building in lower Manhattan. The New York REIT paid $72.7 million for its stake, funding $41 million of ...

Excel Trust Inc. has paid $92.5 million for Park West Place, a 739,234-square-foot retail center in Stockton, Calif. Separately, the San Diego REIT has struck a deal to pay $68.5 million for Gilroy Crossing, a 473,640-sf center in Gilroy, Calif. ...

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 GE Commercial Mortgage ...

Crain's NewYork BusinessDeveloperJoseph Moinian is said to have told his lenders that he will likely default onmortgages on 180 Maiden Lane, with 1.1 million square feet, and 17 Battery ParkNorth, with 398,354 sf, both of which are in lower Manhattan.Moinianhad ...

HTML clipboard 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 DLJ Commercial Mortgage Corp., 1999-CG3 710.2 899.3 B-1 18.0 Aaa Aa1 Increased subordination; defeasance (53.7 ...