Deal Name: 2005-C21

Crain's Chicago Business Howard Hughes Corp. has modified a $44 million loan against the Chicago headquarters of General Growth Properties Inc. The company that was spun off from GGP, which emerged from bankruptcy protection last November, obtained a four-year extension ...

Crain's Chicago BusinessGeneral Growth Properties, which is planning to emerge from Chapter 11 bankruptcy next month, is looking to extend $44 million of securitized debt against its Chicago headquarters. The Chicago REIT owns the 227,000-square-foot property at 110 N. Wacker ...

A total of 115 securitized loans with a balance of $1.3 billion come due next month, according to Fitch Ratings. And two-thirds of them were originated in 2005.Because many were originated with little or no amortization and carry relatively low ...

HTML clipboardFollowing is a list of recent downgrades by Standard &Poor's: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln S&P New Rating S&P Old Rating Notes PNC Mortgage Acceptance ...

Expected losses from loans in special servicing have prompted Moody's Investors Service to place 10 classes of Wachovia Bank Commercial Mortgage Trust, 2005-C21, on review for possible downgrade.A total of 10 loans with a balance of $110.4 million are with ...

Younan Properties has placed Meridian Bank Tower, a 275,000-square-foot office building in Phoenix, on the sales block. The Woodland Hills, Calif., investor has tapped CB Richard Ellis to market the building. Meridian Bank is 90 percent leased and expected to ...

Groups led by Mark Karasick have placed three trophy office buildings totaling roughly 3 million square feet on the sales block. The portfolio consists of One HSBC Center, with 1.2 million-sf in Buffalo, N.Y., One Metropolitan Square, a 1.1 million-sf ...

ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-169.6630.002.75AAAAAAAaa+10swapsA-2PFL428.1930.004.76AAAAAAAaa+12LiborA-2C177.1730.004.95AAAAAAAaa+33swapsA-3183.1130.006.82AAAAAAAaa+37swapsA-PB148.6430.007.47AAAAAAAaa+28swapsA-4917.4530.009.76AAAAAAAaa+30swapsA-1A350.7930.008.68AAAAAAAaaNAswapsA-M325.0220.009.88AAAAAAAaa+35swapsA-J215.3213.3759.94AAAAAAAaa+41swapsB65.0011.3759.97AAAAAa2+47swapsC32.5010.3759.97AA-AA-Aa3+50swapsD60.948.509.97AAA2+57swapsE35.567.375 A-A-A3+66swapsF40.956.125 BBB+BBB+Baa1+100swapsG32.765.125 BBBBBBBaa2+110swapsH40.953.875 BBB-BBB-Baa3+160swapsJ16.383.375 BB+BB+Ba1NAswapsK16.382.875 BBBBBa2NAswapsL16.382.375 BB-BB-NRNAswapsM8.192.125 B+NRNRNAswapsN12.281.75 BNRNRNAswapsO8.191.50 B-NRNRNAswapsP49.130.00 NRNRNRNAswapsX-P*3,143.97  AAAAAAAaa TreasX-C*3,275.62  AAAAAAAaa Treas*Notional amount, interest onlyCollateral balance: $3,275.62 millionBookrunner(s): Wachovia Securities, Nomura SecuritiesLead Managers: Wachovia Securities, Nomura SecuritiesCo-managers: Citigroup, Credit Suisse First Boston, Deutsche Bank, Goldman SachsB-piece Buyer: LNR PartnersMaster Servicer: Wachovia BankSpecial Servicer: LNR PartnersTrustee: Wells FargoOriginators: Wachovia Bank ...

Groups led by Mark Karasick have placed three trophy office buildings totaling roughly 3 million square feet on the sales block. The portfolio consists of One HSBC Center, with 1.2 million-sf in Buffalo, N.Y., One Metropolitan Square, a 1.1 million-sf ...

Groups led by Mark Karasick have placed three trophy office buildings totaling roughly 3 million square feet on the sales block. The portfolio consists of One HSBC Center, with 1.2 million-sf in Buffalo, N.Y., One Metropolitan Square, a 1.1 million-sf ...