Deal Name: 2006-1
Moody’s Downgrades CSFB 2005-C1, DLJCM 1998-CF1, JPMCC 2005-CB12, JPMCC 2005-LDP1 and MLFT 2006-1
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 Credit Suisse First ...
CIBC, Natixis Lend $250Mln Against Lord & Taylor Store in Manhattan
CIBC and Natixis Real Estate Capital have agreed to provide $250 million of mortgage financing for Lord & Taylor's flagship store at 424 Fifth Ave. in midtown Manhattan. CIBC is administrative agent for the financing and will take down half ...
Moody’s Downgrades Bonds from 5 CMBS Deals
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 Credit Suisse Commercial ...
Debt on San Antonio Hotel in Default
San Antonio ExpressA total of $59 million of debt against the Crowne Plaza Riverwalk hotel in San Antonio is in default. A foreclosure suit was filed against the 410-room property's owner, a venture led by HEI Hotels & Resorts, and ...
Fitch Downgrades 9 Classes from 2 Hometown CMBS Deals
The potential for large losses from specially serviced loans has prompted Fitch Ratings to downgrade classes of two CMBS deals involving loans originated by Hometown Commercial Capital Inc.The two deals are Hometown Commercial Capital Trust, 2006-1, and Hometown Commercial Capital ...
FINAL PRICING: $149Mln Hometown Commercial Trust, 2006-1
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchFinalPricing (bp)BnchmarkA125.6915.755.91AAAAAA+42swapsB3.3613.509.77AAAA+50swapsC1.6812.3759.83AA-AA-+55swapsD3.1710.259.86AA+60swapsE4.297.3759.91BBB+BBB++85swapsF1.496.3759.95BBBBBB+95swapsG1.875.1259.95BBB-BBB-+110swapsH1.124.3759.95BB+BB+NAswapsJ0.564.009.95BBBBNAswapsK0.753.509.95BB-BB-NAswapsL0.373.259.95B+B+NAswapsM0.562.8759.95BBNAswapsN0.562.509.95B-B-NAswapsO3.730.009.95NRNRNAswapsX141.55*NA6.35AAAAAANATreas*Notional amount, interest onlyCollateral balance: $149.19 millionBookrunner(s): RBS Greenwich CapitalLead Managers: RBS Greenwich CapitaMaster Servicer: Midland Loan ServicesSpecial Servicer: Midland Loan ServicesTrustee: LaSalle BankOriginators: Hometown Commercial Capital Inc. (100 percent)Number of Loans/Properties: 45/49Top-10 Concentration: 47.3 percentUnderwritten DSCR: ...
FINAL PRICING: $3.1Bln Merrill Lynch Floating Trust, 2006-1
ClassAmt$mlnSubLevel%AvgLife (yrs)*RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-1773.0439.251.83AAAAAAAaa+7LiborA-1A810.0039.25NAAAAAAAAaaNALiborA-2527.6819.001.92AAAAAAAaa+13LiborB55.3716.8751.92AA+AA+Aa1+17LiborC48.8615.001.92AA+AA+Aa2+19LiborD32.5713.752.04AA+AAAa3+20LiborE75.3010.862.35AAAANR+21LiborF46.689.0692.50AA-AA-NR+24LiborG44.277.372.63A+A+NR+31LiborH40.555.8142.67AANR+33LiborJ35.944.4352.69A-A-NR+37LiborK36.323.0412.75BBB+BBB+NR+55LiborL31.061.8492.84BBBBBBNR+70LiborM48.180.002.92BBB-BBB-NR+133LiborX1-A2,605.83NANAAAAAAAAaa+30E****assumes no extension**Notional amount, interest onlyCollateral balance: $3,076.23 millionBookrunner(s): Merrill Lynch, Bear StearnsLead Managers: Merrill Lynch, Bear Stearns, Lehman Brothers, Morgan Stanley, Countrywide Securities, RBC Capital Markets, Deutsche Bank, LaSalle Financial ServicesMaster Servicer: KeyCorp Real Estate Capital ...
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