Deal Name: 2005-LDP5

Commercial Real Estate Direct Staff Report BBVA Compass has provided $41 million of financing to facilitate Ivy Realty's purchase of seven industrial-flex and office buildings with 768,244 square feet in northern New Jersey. The loan, arranged by Cushman & Wakefield, ...

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 COMM, 2012-LC4 781.8 ...

Commercial Real Estate Direct Staff Report The $39.5 million sale of the Hanover Mall in Massachusetts resulted in a $62.3 million loss to JPMorgan Chase Commercial Mortgage Securities Corp., 2005-LDP5, the CMBS trust that had held a $76.6 million loan ...

Commercial Real Estate Direct Staff Report PECO Real Estate Partners, a year-old spin-off of Phillips Edison & Co., has paid $39.5 million for the Hanover Mall, well exceeding the suburban Boston property's $28 million appraised value. The 732,101-square-foot property at ...

The Real Reporter Phillips Edison & Co. has struck a deal to pay about $40 million for the 732,101-square-foot Hanover Mall in Hanover, Mass. The mall, at 1775 Washington St., was put up for sale earlier this year by CWCapital ...

Crain's Detroit Business The loan against the Raleigh Officentre office complex in the Detroit suburb of Southfield, Mich., is being offered for sale on the Ten-X online auction platform. Bids are starting at $2.25 million. The loan, which has a ...

CWCapital Asset Management is offering for sale the 732,101-square-foot Hanover Mall in Hanover, Mass., through NGKF Capital Markets. The buzz is that the property, at 1775 Washington St., could sell for as much as $40 million, which compares with a ...

Commercial Real Estate Direct Staff Report An $80.3 million CMBS loan against a portfolio of seven office and industrial properties in northern New Jersey has been transferred to special servicing because it's expected to default. The loan, securitized through JPMorgan ...

Cornerstone Real Estate Advisers, a unit of MassMutual, has provided $95 million of 12-year financing against 45 Broadway, a 384,084-square-foot office building in lower Manhattan. Proceeds of the loan were used to retire a $72.4 million CMBS loan that became ...

Commercial Real Estate Direct Staff Report New York Community Bank has provided $117 million of mortgage financing against 32-42 Broadway, a 501,952-square-foot office property in lower Manhattan. The 10-year loan requires payments of only interest for a portion of its ...