Deal Name: 2006-C8

Commercial Real Estate Direct Staff Report Sierra Vista Mall, a shopping center in Clovis, Calif., that secures a $77.8 million CMBS loan has been appraised at a value of $50 million. That has resulted in a $36 million appraisal reduction ...

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 COMM, 2006-C8 3,020.0 3,780.0 ...

San Antonio Express-News LNR Partners has taken the Hotel Indigo in San Antonio at a recent foreclosure auction. The Miami company is special servicer to the CMBS trust that holds the debt, COMM, 2006-C8. The 149-room property, formerly known as ...

Hartford Business Journal A Superior Court judge has ordered Northland Investment Corp. to repay the debt against the CityPlace II office building in Hartford, Conn., by Jan. 17 or surrender the property to its lenders. The 292,039-square-foot office building, at ...

Houston Business Journal Chevron Corp. expects to close today on its $380 million purchase of the 1.3 million-square-foot Four Allen Center at 1400 Smith St. in downtown Houston. The energy company had agreed to buy the building from Brookfield Office ...

Issues with two loans on a portfolio of 130 restaurant properties has prompted Fitch Ratings to place bonds from two CMBS deals that hold them on rating watch negative. The rating agency placed the $9.4 million class O, rated B+, ...

Moody's Investors Service has downgraded three classes of COMM, 2006-C8, due to an overall decline in pool performance and expected losses from two loans in special servicing. The rating's agency downgraded the deal's: - $9.4 million class O to B2 ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-152.5030.003.01AAAAaa+16swapsA-1A669.2830.008.51AAAAaaNAswapsA-2A100.0030.004.72AAAAaa+30swapsA-2B366.0030.004.86AAAAaa+21swapsA-3244.5030.006.80AAAAaa+28swapsA-41,118.2130.009.82AAAAaa+25swapsA-AB92.5030.007.29AAAAaa+26swapsA-M377.5720.009.97AAAAaa+29swapsA-J302.0612.009.97AAAAaa+32swapsB28.3211.259.97AA+Aa1+38swapsC42.4810.1259.97AAAa2+40swapsD37.769.1259.97AA-Aa3+44swapsE23.608.509.97A+A1+46swapsF28.327.7510.02AA2+48swapsG51.926.37510.05A-A3+54swapsH38.225.37510.05BBB+Baa1+72swapsJ43.004.2510.05BBBBaa2+80swapsK43.003.125NABBB-Baa3+93swapsL19.102.625NABB+Ba1NAswapsM19.112.125NABBBa2NAswapsN4.782.00NABB-Ba3NAswapsO9.561.75NAB+B1NAswapsP14.331.375NANRB2NAswapsQ9.561.125NANRB3NAswapsS43.000.00NANRNRNAswapsXP3,698.50*NA5.54AAAAaa+75TreasXS3,775.70*NANAAAAAaaNATreas*Notional amount, interest onlyCollateral balance: $3,775.70 millionBookrunner(s): Deutsche Bank, Banc of AmericaLead Managers: Deutsche Bank, Banc of America, Braclays CapitalCo-managers: Morgan StanleyB-piece Buyer: LNR Property Co.Master Servicer: Midland Loan ServicesSpecial Servicer: LNR PartnersTrustee: LaSalle BankOriginators: Deutsche Bank ...