Deal Name: 2006-IQ11

The securitized mortgage on the LeNature's headquarters and bottling plant in Phoenix is facing another headache. CIT Equipment Financing, which had been paying rent to keep equipment it leased to LeNature's at the plant, has decided to take it out ...

U.S. Commercial, a sponsor of investment vehicles that generally raise capital from individual investors, is looking to raise $1 billion for a publicly registered REIT that would make investments in the self-storage sector. U.S. Commercial is led by a former ...

Glimcher Realty Trust has paid $84 million for Merritt Square Mall, an 804,000-square-foot shopping mall near Orlando, Fla. The Columbus, Ohio, REIT bought the property from Thor Equities, which had owned it since 2005. Glimcher expects to assume a $57 million ...

LNR Property Corp. has assumed control of 615 N. 48th Street, a 530,856-square-foot industrial property in Phoenix, after foreclosure proceedings were initiated. The Newport Beach, Calif., firm, which is the special servicer for a $55 million CMBS loan, removed the ...

The owner of an industrial/flex building that was occupied by troubled Le-Nature's Inc. has put the property on the sales block with an asking price of $104 million. Le-Nature's was forced into Chapter 7 Bankruptcy last November, and a $62 ...

Last week's bankruptcy of Le-Nature's Inc. hit a recent CMBS deal, which owns a mortgage on an industrial-flex building in Phoenix that the soft-drink maker leased in its entirety. Potential criminal charges against the company's founder have also prompted talk ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchFinalPricing (bp)BnchmarkA-151.6830.002.89AAAAAA+5swapsA-1A329.9130.008.84AAAAAANAswapsA-2162.8030.004.85AAAAAA+14swapsA-396.8030.006.89AAAAAA+23swapsA-4490.1030.009.46AAAAAA+22swapsA-M161.6120.009.84AAAAAA+26swapsA-J147.4710.8759.92AAAAAA+29swapsB30.309.009.94AAAA+32swapsC12.128.259.94AA-AA-+34swapsD22.226.8759.99AA+41swapsE16.165.87510.02A-A-+49swapsF14.145.0010.15BBB+BBB++65swapsG18.183.87511.76BBBBBB+75swapsH14.143.0013.20BBB-BBB-+110swapsJ8.082.50 BB+BB+NAswapsK4.042.25 BBBBNAswapsL4.042.00 BB-NRNAswapsM6.061.625 B+NRNAswapsN6.061.25 BNRNAswapsO2.021.125 B-NRNAswapsP18.18NA NRNR swapsX1,616.11*  AAAAAA TreasX-Y189.02*  AAAAAA Treas*Notional amount, interest onlyCollateral balance: $1,616.11 millionBookrunner(s): Morgan StanleyLead Managers: Morgan StanleyCo-managers: RBS Greenwich Capital Markets, IXIS Securities, Merrill Lynch, SunTrust Capital MarketsB-piece Buyer: LNR PartnersMaster Servicer: Wells FargoSpecial Servicer: LNR PartnersTrustee: LaSalle BankOriginators: Morgan Stanley (47.8 ...

LNR Property Corp. has assumed control of 615 N. 48th Street, a 530,856-square-foot industrial property in Phoenix, after foreclosure proceedings were initiated. The Newport Beach, Calif., firm, which is the special servicer for a $55 million CMBS loan, removed the ...

LNR Property Corp. has assumed control of 615 N. 48th Street, a 530,856-square-foot industrial property in Phoenix, after foreclosure proceedings were initiated. The Newport Beach, Calif., firm, which is the special servicer for a $55 million CMBS loan, removed the ...