Deal Name: 2006-C1

Commercial Real Estate Direct Staff Report The $59 million, or $65/sf, sale of Continental Tower in Rolling Meadows, Ill., is likely to have a substantial impact on the CMBS deal that held its mortgage, according to analysis by Barclays Capital. ...

Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes GE Commercial Mortgage Corp., ...

Crain's Chicago Business The Continental Towers office complex, with 932,854 square feet in Rolling Meadows, Ill., is being offered sale by the CMBS trust that took it in 2010. Cobalt CMBS Commercial Mortgage Trust, 2006-C1, has tapped Rockwood Real Estate ...

Commercial Real Estate Direct Staff Report The $68 million of CMBS debt against the EverBank Center, a 956,201-square-foot office building in Jacksonville, Fla., has been modified after the property's owner paid down the loan by $11 million. In addition, owner ...

Commercial Real Estate Direct Staff Report CommonWealth REIT has agreed to pay Beacon Capital Partners $195.5 million for the 1 million-square-foot Chase Tower office complex in downtown Indianapolis. The acquisition includes the assumption of $116 million of debt that is ...

Crain's Chicago Business A foreclosure suit has been filed against the owner of the Pheasant Run Resort in the Chicago suburb of St. Charles, Ill. The 250-acre property backs $27.2 million of debt that's securitized through Cobalt CMBS Commercial Mortgage ...

Business Real Estate Weekly of Arizona About two-thirds of the 858,490-square-foot Raintree Corporate Center office complex in Scottsdale, Ariz., is in various stages of foreclosure. Two of the buildings serve as collateral for securitized debt. They are: 15333 North Pima ...

Commercial Real Estate Direct Staff Report The $111.3 million mortgage on the Chapel Hills Mall, a Colorado Springs, Colo., shopping center that a venture of Coyote Management and Garrison Investment Corp. purchased, has been liquidated at a loss of $43.8 ...

Commercial Real Estate Direct Staff Report Freddie Mac has launched marketing for a $1.2 billion securitization of apartment loans, the second involving mortgages with seven-year terms. The housing finance agency, which over the past 15 months has funded 70 percent ...

Pacific Office Properties Trust, which has sold a stake in the 716,075-square-foot City Square office building in Phoenix to Angelo, Gordon & Co., said it has extended the maturity of a $27.5 million mortgage on the property. The loan, securitized ...