Deal Name: 2005-C20

A group comprised of Starwood Capital Group, Kaufman Jacobs and JPMorgan Chase has led the reorganization of Rubicon US REIT, a troubled Australian property trust that owns 1.8 million square feet of commercial space that is leased to United States ...

Standard & Poor's has downgraded, to D from CCC-, the $41.2 million class H of Wachovia Bank Commercial Mortgage Trust, 2005-C20, which owns a $130.6 million mortgage on two shopping centers that were recently liquidated.The rating agency said its downgrade ...

Atlanta Business ChronicleThe 1.5 million-square-foot Macon Mall in Macon, Ga., has been purchased by Hull Storey Gibson, an Augusta, Ga., retail investment company. A purchase price was not disclosed. Macon Mall had been owned by Lightstone Group, a Lakewood, N.J., ...

Commercial Real Estate Direct Staff Report Thomas Properties Group has lined up $230 million of fresh mortgage financing, allowing it to retire $250.7 million of debt, some of which it paid off at a discount to par. The Los Angeles ...

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

The recent transfer of an $85 million loan to special servicing has prompted Fitch Ratings to place seven classes of Wachovia Bank Commercial Mortgage Trust, 2005-C20, on rating watch negative.The loan is secured by the 264,199-square-foot Forum at Carlsbad retail ...

Standard & Poor's has downgraded six classes of Wachovia Bank Commercial Mortgage Trust, 2005-C20, to D, because of recurring interest shortfalls tied to a $146.2 million loan that was moved to special servicing earlier this year.The loan is backed by ...

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 ...

Moody's Investors Services has downgraded seven classes - including a class rated Aa2 - of Wachovia Bank Commercial Mortgage Trust, 2005-C20, due to expected losses from two loans, totaling $137.8 million, that are in special servicing.The loans are backed by ...

Atlanta Journal-ConstitutionThe Macon Mall in Macon, Ga., will be sold at a foreclosure auction in November. The 1.4 million-square-foot retail property is owned by the Lightstone Group of Lakewood, N.J. The property serves as collateral for a $137.6 million loan ...