Deal Name: 2005-IQ10
Jackson National Lends $50Mln Against Key West, Fla., Hotel
Jackson National Life Insurance Co. has provided a $50 million loan against the 178-room Key West Hilton Resort in Key West, Fla. The 20-year mortgage, which was arranged by NorthMarq Capital, replaced a $49.9 million loan that was securitized through ...
John Hancock Lends $34Mln Against L.A. Office
John Hancock Life Insurance Co. has provided $34 million of financing against 606 South Olive St., a 299,000-square-foot office building in downtown Los Angeles. The 15-year loan, which pays a coupon of 3.5 percent and amortizes on a 30-year schedule, ...
Landesbank Lends $85Mln Against D.C.’s 1875 K St.
Landesbank Hessen-Thuringen Girozentrale has provided an $85 million loan against 1875 K St. NW, a 182,460-square-foot office property in downtown Washington, D.C., that has seen a drop in occupancy in recent years. The loan was used to take out an ...
Moody’s Downgrades LBUBS 2005-C3, MSC 2005-HQ7, MSC 2005-HQ10 and MSDWC 2002-IQ3
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 ...
S&P Downgrades Bonds from LBUBS 2005-C1, MSC 2005-IQ10 and MLMT 2005-LC1
Following 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 Reason for Rating Action ...
L&L Holdings Eyes Recap of Manhattan’s 195 Broadway
New York Post L&L Holdings has also tapped Eastdil Secured to solicit investors to recapitalize 195 Broadway, a 914,594-square-foot office building in lower Manhattan. L&L had purchased the property in 2005 in a venture with GE Asset Management for $265.8 ...
FINAL PRICING: $1.5Bln Morgan Stanley Capital I Trust, 2005-IQ10
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-175.2020.002.99AAAAaa+10swapsA-250.0020.004.97AAAAaa+23swapsA-1A231.7720.008.68AAAAaaNAswapsA3-1FL75.0020.006.47AAAAaa+24LiborA3-178.0020.006.47AAAAaa+35swapsA3-250.0020.006.66AAAAaa+35swapsA-AB75.0020.006.91AAAAaa+27swapsA-4A527.3030.009.57AAAAaa+28swapsA-4B75.3020.009.81AAAAaa+33swapsAJ129.5011.6259.89AAAAaa+39swapsB30.909.6259.96AAAa2+44swapsC11.608.8759.97AA-Aa3+48swapsD25.107.2509.97AA2+55swapsE13.506.3759.97A-A3+64swapsF19.305.12510.31BBB+Baa1+85swapsG11.604.37510.87BBBBaa2+100swapsH17.403.25011.62BBB-Baa3+155swapsJ3.893.00NABB+Ba1NAswapsK7.782.50NABBBa2NAswapsL5.842.125NABB-Ba3NAswapsM5.841.75NAB+B1NAswapsN3.891.50NABB2NAswapsO5.841.125NAB-B3NAswapsP17.520.00NANRNRNAswapsX1*1,546.90NANAAAAAaa+325TreasX2*1,502.70NANAAAAAaa+70Treas*Notional amount, interest onlyCollateral balance: $1,546.86 millionBookrunner(s): Morgan StanleyLead Managers: Morgan StanleyCo-managers: RBS Greenwich Capital, IXIS Securities, SunTrustB-piece Buyer: JER Investors TrustMaster Servicer: GMAC Commercial MortgageSpecial Servicer: J.E. Robert Cos.Trustee: Wells Fargo BankOriginators: Morgan Stanley (48.7 percent), ...
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