Deal Name: 2005-MIB1

Banc of America Large Loan, 2005-MIB1, has listed for sale the Shops of Grand Avenue, a 270,155-square-foot retail mall in Milwaukee through Rockwood Real Estate Advisors. The trust took the property from Ashkenazy Acquisition Corp. in 2012 by foreclosing on ...

Pittsburgh Tribune-Review Mark Karasick and a group of investors has purchased the U.S. Steel Tower, Pittsburgh's tallest building, for $250 million. Karasick, based in Manhattan, acquired the 2.3 million-square-foot building, at 600 Grant St., from a group led by AREA ...

Pittsburgh Business TimesThe securitized debt against Pittsburgh's U.S. Steel Tower has been transferred to special servicing. The 64-story property at 600 Grant St. is encumbered by $229.3 million of debt, a $145 million piece of which was securitized through Banc ...

Fitch Ratings has placed five classes of Bank of America Large Loan Inc., 2005-MIB1, on rating watch negative due to the transfer of three loans to special servicing.The loans, with a balance of $92.2 million, are backed by a mix ...

Standard & Poor's has downgraded the $30 million class L of Banc of America Large Loan Inc., 2005-MIB1, to BB from BBB-, because of the deteriorating health of the properties securing a $40.2 million collateral loan. The rating agency had ...

Standard & Poor's has placed on CreditWatch with negative implications the BBB- rating of the $30 million class L of Banc of America Large Loan Inc., 2005-MIB1. The rating agency said the move was prompted by the "deterioration in the ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionBanc of America Large Loan Inc., 2005-MIB11,040.01,260.0B43.0AaaAa1Increased subordination; improved collateral performance---C51.2AaaAa3-

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-1674.1945.161.57AAAAAAAaa+15LiborA-2224.7326.761.82AAAAAAAaa+21LiborB43.0323.382.51AA+AA+Aa1+26LiborC51.1919.213.21AAAAAa3+31LiborD30.3116.753.28AA-AA-N/A+36LiborE30.3114.283.29A+A+N/A+40LiborF30.3111.283.29AAN/A+47LiborG30.319.353.29A-A-N/A+53LiborH25.317.293.29BBB+BBB+N/A+78LiborJ28.764.953.29BBBBBBN/A+105LiborK30.852.443.29BBB-BBB-N/A+200LiborL30.000.003.29BBB-BBB-N/A+300LiborM-RC4.36  N/AN/AN/A LiborX-1A*1,229.30  AAAAAAAaa+45EDSFX-1B*1,229.30  AAAAAAAaa LiborX-2*40.20  AAAAAAAaa LiborX-3*228.00  AAAAAAAaa LiborX-4*52.50  AAAAAAAaa LiborX-5*384.00  AAAAAAAaa Libor*Notional amount, interest onlyCollateral balance: $1,256.41 million Bookrunner(s): Banc of America Securities, Merrill LynchLead Managers: Banc of America Securities, Merrill Lynch, Barclays Capital Real Estate, IXIS Real Estate CapitalMaster Servicer: Bank of AmericaSpecial Servicer: Bank of AmericaTrustee: ...