Deal Name: 2005-C22

Commercial Real Estate Direct Staff Report A pair of CMBS loans totaling $265.7 million were transferred to their respective special servicers after the owner of their collateral properties had requested that the loans be modified. They're among a growing number ...

Commercial Real Estate Direct Staff Report A pair of CMBS loans totaling $265.7 million that were originated in 2005 against 36 California commercial properties have been transferred to their special servicers because the properties' owner has sought a modification of ...

Crain's Chicago Business Banc of America Commercial Mortgage Trust, 2006-2 has sold the 267,890 square feet of retail space in the Glen Town Center mixed-use complex in Glenview, Ill. A venture that includes Tabani Group, a Dallas opportunistic investor, paid ...

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 JPMorgan Chase Commercial ...

Commercial Real Estate Direct Staff Report Prudential Real Estate Investors has agreed to sell its 94.9 percent interest in a 36-property self-storage venture to Extra Space Storage Inc., its minority partner, for $298 million. Extra Space Storage will assume an ...

Las Vegas Sun The 826-room Westin Casuarina Las Vegas Hotel, Casino & Spa will go to the lender after owner Columbia Sussex Corp. defaulted on the property's $146 million loan. Columbia Sussex, of Crestivew Hills, Ky., has chosen not to ...

Philadelphia Business Journal Three office properties in the Philadelphia area are in limbo as owner Thomas Properties Group tries to work out a deal to restructure $96.5 million of loans against them that are in default. The debt includes $70.2 ...

Las Vegas Review-Journal The 826-room Las Vegas Westin is expected to be given back to lender Wachovia Bank. Columbia Sussex Corp., a Covington, Ky., hotel owner/operator, bought the Flamingo Road property, off the famed Las Vegas strip, for $38 million ...

Commercial Real Estate Direct Staff ReportAnother $636.3 million of CMBS loans were liquidated in November, bringing the total volume of liquidations for the year to $6.9 billion, according to Realpoint.In comparison, $2.2 billion of CMBS loans were liquidated in 2009. ...

San Francisco Business TimesBritannia Business Center II, a 276,210-square-foot office and research and development park in Pleasanton, Calif., is being marketed for sale after being taken back by its lender. Triple Net Properties of Santa Ana, Calif., had bought the ...