Moody's Investors Service has downgraded three classes of Greenwich Capital Commercial Funding Corp., 2006-GG7, because of projected losses on loans in special servicing. The rating's agency downgraded the deal's: - $4.5 million class O to B2 from B1; - $13.5 ...
Two tenant-in-common investor groups led by Edward H. Okun of Indianapolis have defaulted on their securitized mortgages, which total $84 million. A third securitized mortgage, of $15 million, made to another Okun group, is in danger of defaulting. That loan ...
Willett Cos. is offering for sale 55 Public Square, a 425,000-square-foot office building in downtown Cleveland. HFF Inc.'s Chicago office is listing the building, which is expected to command $45 million.
There's talk that JEMB Realty Corp. may be looking to test the waters with an offering of the 660,000-square-foot downtown office property. The high-tech property was refinanced last year with a $157 million debt package.
March 23, 2005 Class Amt $mln Sub Level% Avg Life (yrs) Rating S&P Rating Fitch Final Pricing (bp) Bnch mark A-1 121.00 20.00 3.17 AAA AAA +5 swaps A-2 160.90 20.00 4.86 AAA AAA +12 swaps A-3 159.40 20.00 6.86 ...
Willett Cos. is offering for sale 55 Public Square, a 425,000-square-foot office building in downtown Cleveland. HFF Inc.'s Chicago office is listing the building, which is expected to command $45 million.
Willett Cos. is offering for sale 55 Public Square, a 425,000-square-foot office building in downtown Cleveland. HFF Inc.'s Chicago office is listing the building, which is expected to command $45 million.
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