Deal Name: 2007-5

Business Real Estate Weekly of Arizona East Thunderbird Square North, a 158,309-square-foot retail center in Scottsdale, Ariz., is scheduled to be sold at an Aug. 24 foreclosure auction. The property serves as collateral for a $50 million loan securitized through ...

Commercial Real Estate Direct Staff Report Apple REIT Eight Inc. has purposely missed payments on $36.7 million of debt financing backed by five of its hotels in an effort to open the door to negotiate new terms for the loans. ...

Hersha Hospitality Trust has purchased the Holiday Inn Express Wall Street and the Hampton Inn Financial District, which have a total of 193 rooms, for $69.1 million. The 112-room Holiday Inn, at 126 Water St. in Lower Manhattan, opened last ...

Moody's Investors Service has downgraded three classes of ML-CFC Commercial Mortgage Trust, 2007-5, due to the declining performance of an $800 million loan on the Stuyvesant Town and Peter Cooper Village apartment complex in Manhattan.Moody's also has placed those three ...

Roebling Investment Co. is said to have agreed to pay $45 million for Highland Plaza, a 247,000-square-foot retail property in the Cleveland suburb of Highland Heights, Ohio. The Hackensack, N.J., firm is purchasing the property from Hauck Holdings of Cincinnati.

The latest, largest CMBS deal ever has been launched.Wachovia Securities, which had been thought to be working on a deal approaching $8 billion, has unveiled Wachovia Bank Commercial Mortgage Trust, 2007-C30, and it weighs in at a whopping $7.9 billion, ...

Two CMBS conduit transactions were impacted by weakness in the asset-backed securities market. They priced today at spreads that were at least 3 basis points, and up to 27 bp wider than a deal that priced just last week.

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sRatingFitchFinalPricing (bp)BnchmarkA-187.3730.002.76AAAAaaAAA+10swapsA-1A1,205.6030.009.35AAAAaaAAA+26swapsA-263.3230.004.87AAAAaaAAA+21swapsA-2FL60.0030.004.87AAAAaaAAA+10LiborA-3153.4330.007.61AAAAaaAAA+28swapsA-SB187.0530.007.39AAAAaaAAA+28swapsA-41,090.1530.009.76AAAAaaAAA+26swapsA-4FL245.0030.009.76AAAAaaAAA+16LiborA-M341.7020.009.83AAAAaaAAA+30swapsA-MFL100.0020.009.83AAAAaaAAA+18LiborA-J211.4911.259.91AAAAaaAAA+33swapsA-JFL175.0011.259.91AAAAaaAAA+24LiborB77.309.509.91AAAa2AA+36swapsC33.138.759.91AA-Aa3AA-+39swapsD77.307.009.91AA2A+44swapsE38.656.1259.91A-A3A-+47swapsF55.214.8759.91BBB+Baa1BBB++80swapsG49.693.759.93BBBBaa2BBB+90swapsH49.692.6259.99BBB-Baa3BBB-+110swapsJ16.562.259.99BB+NRBB+NAswapsK11.042.009.99BBNRBBNAswapsL11.041.759.99BB-NRBB-NAswapsM11.041.509.99B+B1NRNAswapsN5.521.3759.99BNRBNAswapsP11.041.1259.99B-B3NRNAswapsQ49.690.0010.21NRNRNRNAswapsX4,417.02*NANAAAAAaaAAA+105Treas*Notional amount, interest onlyCollateral balance: $4,417.02 millionBookrunner(s): Merill Lynch, Countrywide SecuritiesLead Managers: Merrill Lynch, Countrywide SecuritiesCo-managers: Ixis Securities, Bear Stearns, KeyBanc Capital Market, Banc of America SecuritiesB-piece Buyer: CWCapitalMaster Servicer: KeyCorp/Wells Fargo BankSpecial Servicer: CWCapitalTrustee: LaSalle BankOriginators: ...

Commercial Real Estate Direct Staff ReportRedwood Trust has circled its first CMBS B-piece of 2007.It has agreed to buy the junior bonds of LB-UBS Commercial Mortgage Trust, 2007-C2, a $3 billion conduit transaction that should price in a month or ...