Deal Name: 2006-TFL2

Commercial Real Estate Direct Staff Report The resolution of the $78 million CMBS loan against the 575-room JW Marriott Starr Pass Resort & Spa in Tucson, Ariz., resulted in a $7.2 million loss to Credit Suisse Commercial Mortgage Trust, 2006-TFL2, ...

The investment manager is said to have purchased, at par value, the $78 million CMBS loan against the 575-room JW Marriott Starr Pass Resort & Spa in Tucson, Ariz. The deal would resolve a loan that's been in special servicing ...

Commercial Real Estate Direct Staff Report LaSalle Hotel Properties has paid a venture that includes Westbrook Partners $350 million, or $513,950/room, for the former Westin San Francisco hotel. The Bethesda, Md., REIT has since renamed the 681-room property the Park ...

Deutsche Bank has provided $940 million of financing against a portfolio of 167 skilled-nursing facilities with 20,222 beds owned by an investor group led by Ruben Schron, allowing the portfolio's maturing debt to be paid off. A $550 million piece ...

The One & Only Ocean Club, a 106-unit resort on Paradise Island in the Bahamas, is being purchased by Len Blavatnik for $150 million, according to a report in the Wall Street Journal. Blavatnik, a billionaire who previously invested opportunistically ...

The $292.5 million of CMBS debt against a portfolio of 11 office buildings with 2.5 million square feet in Seattle has been transferred to special servicing because it's expected to default. The loan is senior to another $630 million of ...

Brookfield Asset Management is taking over the Atlantis Hotel and Casino on Paradise Island in the Bahamas, which serves as collateral for some $2.6 billion of debt. And Fitch Ratings said the takeover won't impact the ratings of the two ...

Arizona Daily Star A foreclosure suit has been filed against the owner of the 575-room JW Marriott Starr Pass Resort & Spa in Tucson, Ariz. The property at 3800 West Starr Pass Blvd. is expected to be sold at a ...

Daily Business Review Developers Michael Swerdlow and Ian Bruce Eichner have proposed a project for the failed Biscayne Landing development in Miami. The developers have proposed 700,000 square feet of retail space, about 2,000 condominium units and up to two ...

Two cross-collateralized CMBS loans, with a combined balance of $842.7 million, were recently extended for two years, even though they were never moved to special servicing. The loans are backed by a portfolio of 197 healthcare properties with 23,531 beds ...