Deal Name: 2005-PWR8

  Commercial Real Estate Direct Staff Report La Borgata at Serrano, a mixed-use property in El Dorado Hills, Calif., and the collateral behind an $11.8 million CMBS loan, will be auctioned off in late July. Its loan, securitized through Bear ...

First Niagara Bank and Principal Real Estate Investors have provided $65.5 million of debt financing against Park Place, a 351,684-square-foot office property in Florham Park, N.J. The mortgage, arranged by HFF, replaced a $50.9 million loan that was securitized through ...

Greenbridge Investment Partners has paid $25 million, or $61.50/sf, for the Seattle Design Center, a 406,459-square-foot office and showroom center in Seattle. The Beverly Hills, Calif., investor bought the property from Hines in a deal brokered by Madison Partners of ...

Albany Business Journal A group of Brooklyn, N.Y., investors has paid $33 million, or roughly $194/sf, for 677 Broadway, a 170,000-square-foot office building in Albany, N.Y. It acquired the 12-story building from Columbia Development Cos. The property serves as collateral ...

Wells Fargo Bank has committed to provide up to $154 million of financing against the Marquis Apartments, a 642-unit complex in the Philadelphia suburb of King of Prussia, Pa. The property, at 251 West DeKalb Pike, was purchased late last ...

HTML clipboardFollowing is a list of recent downgrades by Moody's InvestorsService: 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 Reason for Rating Action ...

Expected losses from six loans in special servicing have prompted Moody's Investors Service to place 14 classes of Bear Stearns Commercial Mortgage Securities Trust, 2005-PWR8, on review for possible downgrade. The specially serviced loans have a balance of $68.5 million ...

Fitch Ratings has placed 13 classes of Bear Stearns Commercial Mortgage Securities Inc., 2005-PWR8, on rating watch negative due to expected losses from loans in special servicing.A total of five loans with a balance of $62.9 million are with the ...

June 13, 2005 Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Moody's Final Pricing (bp) Bnch mark A-1 104.30 20.00 2.86 AAA Aaa +11 swaps A-2 46.50 20.00 5.00 AAA Aaa +26 swaps A-3 63.00 20.00 6.86 ...