Deal Name: 2007-FL1
Pending Maturity Prompts Transfer of D.C. Hotel Loan to Special Servicing
Commercial Real Estate Direct Staff Report The $51.2 million CMBS loan against the 472-room Marriott Washington, D.C., hotel has been transferred to special servicing as its maturity date fast approaches. The loan, divided into two pieces, is securitized through UBS ...
Ramco-Gershenson Buys 2 Midwest Shopping Centers for $150Mln
Ramco-Gershenson has paid $150 million for a pair of shopping centers, in St. Paul, Minn., and the Cincinnati suburb of Fairfield, Ohio. The St. Paul property is Woodbury Lakes, with 366,000 square feet at 9020 Hudson Road. It was built ...
Moody’s Downgrades WBCMT 2005-C18, UBS 2007-FL1, BACM 2006-4, CSFB 2005-C3 and CSMC 2006-C2
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 Wachovia Bank Commercial ...
Moody’s Downgrades COMM 2004-LB4A, GECMC 2004-C2, NASC 1998-D6, JPMCC 2007-FL1A and LBFRC 2007-LLFA
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 COMM, 2004-LNB4 603.0 ...
Fitch Downgrades WBCMT 2006-C28, GCCFC 2007-GG11, UBSCM 2007-FL1, PCMT 2003-PWR1 and JPMCC 2005-LDP1
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 Wachovia Bank Commercial ...
Moody’s Downgrades BALL 2004-BBA4, JPMCC 2007-FL1A, WBCMT 2005-C22, LBUBS 2002-C1 and CSFB 2006-C5
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 Banc of America ...
Moody’s Downgrades BSCMS 2005-T20, COMM 2005-F10A, UBSCM 2007-FL1, JPMCC 2005-CB13 and WBCMT 2003-C7
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 Bear Stearns Commercial ...
Five Mile Sues to Gain Stake in Hotel Portfolio
Five Mile Capital Partners has sued to get a court to award it a stake in a portfolio of hotel properties against which it held a subordinate piece of debt. It saw its $38 million investment get wiped out when ...
KSL Capital Teams With Strategic to Complete $362.3Mln Buy of Essex House
Strategic Hotels & Resorts Inc. has partnered with an affiliate of KSL Capital Partners to complete its $362.3 million purchase of the Jumeirah Essex House Hotel in New York City. Bank of America provided the venture with a $190 million ...
$165Mln Loan Against Extended-Stay Hotel Portfolio Moves to Special Servicing Again
Commercial Real Estate Direct Staff Report A $165 million CMBS loan against a portfolio of extended-stay hotels has been moved to special servicing for the second time in two years, this time because its maturity is just a month away ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
