Deal Name: 2005-LC1

Bank of America has provided $120 million of mortgage financing against the Shoppes at Bel Air in Mobile, Ala. The loan retired $109.6 million of CMBS debt that was scheduled to mature later this year and had become open to ...

The Sears store at the Bel Air Mall in Mobile, Ala., which accounts for nearly a quarter of the space at the 1.3 million-square-foot shopping center, is set to close soon. That could impact the ability of the property's $110 ...

Rouse Properties Inc. has paid $135.2 million for the Bel Air Mall in Mobile, Ala. The New York REIT acquired the property from a venture of Gregory Greenfield & Associates of Atlanta and Prime Group of San Francisco, which had ...

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 Greenwich Capital Commercial ...

Expected losses from loans in special servicing have prompted Moody's Investors Service to place on review for possible downgrade 11 classes of Merrill Lynch Mortgage Trust, 2005-LC1. A total of seven loans, with a balance of $43.5 million, are with ...

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 Banc of America ...

Standard & Poor's has downgraded three classes of Merrill Lynch Mortgage Trust, 2005-LC1, because of expected losses from loans in special servicing.Two loans, with a balance of $14 million, were placed with the servicer, LNR Partners Inc., due to default. ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-151.0030.002.82AAAAaa+10swapsA-2104.8530.004.84AAAAaa+24swapsA-3FL119.6730.006.81AAAAaa+23LiborA-343.0030.006.81AAAAaa+33swapsA1A225.1030.009.18AAAAaaNAswapsA-SB88.0730.007.16AAAAaa+32swapsA-4425.7030.009.82AAAAaa+30swapsA4-FC25.0030.009.82AAAAaaNAswapsA-M154.6320.009.96AAAAaa+36swapsA-J94.7113.889.96AAAAaa+42swapsB32.8611.759.96AAAa2+50swapsC15.4610.759.96AA-Aa3+54swapsD28.998.889.96AA2+60swapsE15.467.889.96NAA3NAswapsF25.136.259.96NABaa1NAswapsG19.335.009.96NABaa2NAswapsH21.263.639.96NABaa3NAswapsJ7.733.1310.03NABa1NAswapsK5.802.7510.04NABa2NAswapsL5.802.3810.04NABa3NAswapsM5.802.0010.04NANANAswapsN5.801.6310.04NANANAswapsP3.871.3810.04NAB3NAswapsQ21.260.0010.13NANANAswapsX1,546.26NA8.73NAAaaNATreas*Notional amount, interest onlyCollateral balance: $1,546.26 millionBookrunner(s): Merrill Lynch, Countrywide SecuritiesLead Managers: Merrill Lynch, Countrywide Securities, LasSalle Financial Services Co-managers: Deutsche Bank Securities, JP Morgan Securities, Morgan Stanley B-piece Buyer: JER Investors TrustMaster Servicer: GMAC Commercial MortgageSpecial ...