Deal Name: 2006-PWR13

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 Bear Stearns Commercial Mortgage ...

CIBC has provided a $79.75 million loan against Atlanta's Paces West, to facilitate the 646,471-square-foot office property's sale to a venture of Crocker Partners and Investcorp for $112.5 million, or $174/sf. The transaction allowed a modified CMBS loan to be ...

Commercial Real Estate Direct Staff Report The $12.3 million B-note against Atlanta's Paces West office property in Atlanta could very well see a recovery of roughly $8.7 million as a result of the property's sale, according to analysis by Barclays ...

A venture led by Crocker Partners has been selected as the winning bidder for Paces West, a 646,471-square-foot office property in the Cumberland/Galleria submarket of Atlanta. It is said to be paying about $113 million, or about $175/sf, for the ...

A venture of Tier REIT Inc. and Oaktree Capital Management is offering for sale Paces West, a 646,471-square-foot office property in the Cumberland/Galleria submarket of Atlanta. It has hired CBRE to market the property, which could sell for about $117 ...

Ashford Hospitality Trust Inc. has paid $62.5 million for the 226-room Le Pavillon Hotel in New Orleans. The Dallas hotel REIT bought the property from a venture led by American Financial Group, parent of Great American Insurance Group of Cincinnati. ...

Westcore Properties has paid $52.7 million, or $318/sf, for 1390 and 1400 Kifer Road, a 165,497-square-foot office and data-center property in Sunnyvale, Calif. The San Diego investment manager bought the property, comprised of a three-story office building and single-story data ...

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 Bear Stearns Commercial Mortgage ...

Commercial Real Estate Direct Staff Report Oaktree Capital Management has acquired a stake in Paces West, a 646,471-square-foot office complex in Atlanta, in a recapitalization of the property that included a modification of its $82.2 million CMBS loan. Oaktree bought ...

Commercial Real Estate Direct Staff Report The $67.7 million CMBS loan against the Capital Center, a 531,410-square-foot office property in Sacramento, Calif., was restructured in order to facilitate the property's recent sale to Karlin Real Estate for $50 million. The ...