Deal Name: 2007-CIBC18

Cleveland Plain Dealer Hertz Investment Group has acquired the Fifth Third Center, a 508,397-square-foot office building in downtown Cleveland. The Santa Monica, Calif., company bought the property from Tier REIT Inc., for an undisclosed price in a deal brokered by ...

Commercial Real Estate Direct Staff Report The 1.7 million-square-foot Citadel Center office building in downtown Chicago has been appraised at a value of $400 million, according to a report on TreppWire. That's down from an appraised value of $590 million ...

Commercial Real Estate Direct Staff Report Mission Peak Capital had acquired the distressed $84.8 million CMBS loan against the Bryant Park Hotel in midtown Manhattan. The Kansas City, Mo., opportunistic investor, which is led by Wit Solberg, who previously had ...

Commercial Real Estate Direct Staff Report The investor that holds the controlling class of JPMorgan Chase Commercial Mortgage Securities, 2007-CIBC18, has exercised its fair-value purchase option on the $84.8 million loan against the Bryant Park Hotel in midtown Manhattan, according ...

Commercial Real Estate Direct Staff Report The Bryant Park Hotel, a 129-room boutique hotel at 40 West 40th St., was appraised in February at a value of $71 million. The property backs an $84.8 million loan that was securitized through ...

Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes JPMorgan Chase Commercial ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-1107.8330.003.27AAAAaa+14swapsA-1A373.5430.009.16AAAAaaNAswapsA-3251.6930.007.73AAAAaa+26swapsA-41,999.8430.009.76AAAAaa+23swapsA-M290.4120.009.86AAAAaa+25.5swapsA-MFL100.0020.009.86AAAAaa+16.5LiborA-J326.9711.6259.93AAAAaa+29swapsB73.209.759.93AAAa2+34swapsC29.289.009.93AA-Aa3+37swapsD58.567.5010.01AA2+41swapsE39.046.5010.01A-A3+44swapsF58.565.0010.01BBB+Baa1+58swapsG43.923.87510.01BBBBaa2+65swapsH43.922.7510.01BBB-Baa3+83swapsJ9.762.50 BB+Ba1NAswapsK14.642.125 BBBa2NAswapsL14.641.75 BB-Ba3NAswapsM9.761.50 B+NRNAswapsN4.881.375 BNRNAswapsP14.641.00 B-NRNAswapsNR39.040.00 NRNRNATreasX3,904.14*NA9.20AAAAaa+105Treas*Notional amount, interest onlyCollateral balance: $3,904.14 millionBookrunner(s): JPMorgan SecuritiesLead Managers: JPMorgan Securities, CIBC World MarketsCo-managers: Credit SuisseB-piece Buyer: ARCap REITMaster Servicer: Capmark Finance Special Servicer: ARCap ServicingTrustee: Wells Fargo BankOriginators: JPMorgan Chase (57 percent), CIBC (43 percent)Number ...