Deal Name: 2011-C2

Wells Fargo Bank has provided $49.8 million of financing against the Pan American Life Center, a 674,000-square-foot office building at 601 Poydras St. in New Orleans. The 10-year loan, which amortizes on a 25-year schedule, was arranged by Berkadia's hotel ...

Commercial Real Estate Direct Staff Report The Towne West Square Mall in Wichita, Kan., has been appraised at a value of only $15.9 million. That compares with the $81 million appraised value pegged to the property just less than eight ...

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 Morgan Stanley Capital ...

Commercial Real Estate Direct Staff Report The Towne West Square Mall in Wichita, Kan., whose CMBS loan was transferred to special servicing last week, is likely worth less than the $46.9 million balance on its mortgage. Morningstar Credit Ratings has ...

Natixis Real Estate Capital has provided a $132 million loan against Rentar Plaza, a 1.6 million-square-foot mixed-use property in the Middle Village section of Queens, N.Y. The loan, arranged by Cooper-Horowitz Inc. of New York, requires payments of only interest ...

Commercial Real Estate Direct Staff Report JBG Cos. has ponied up $4.25 million to pay down the principal balance of the $46.5 million mortgage against the Georgetown Center office property in Washington, D.C., buying it a six-month term extension. The ...

Commercial Real Estate Direct Staff Report Dekabank Deutsche Girozentrale has provided a $300 million loan against One Park Ave., a 947,000-square-foot office building in midtown Manhattan. The five-year loan pays a rate pegged to Libor plus 175 basis points and ...

Blackstone Mortgage Trust Inc. has provided $210 million of mortgage financing against 1180 Avenue of the Americas, a 383,983-square-foot office building in midtown Manhattan. The mortgage, which includes $7 million of construction financing, was used to pay off a $133 ...

A venture of American Realty Capital - Retail Centers of America Inc. has paid $83.5 million, or about $163/sf, for Patton Creek, a 512,871-square-foot retail property in the Birmingham, Ala., suburb of Hoover, Ala. It purchased the property, at 4330-4450 ...

Fireside Financial has paid $58 million, or roughly $54,924/unit, for a portfolio of three apartment properties with 1,056 units in the Midwest. The Edwardsville, Ill., company acquired the portfolio from a venture of Onex Real Estate Partners of New York ...