Deal Name: 2013-C11

Commercial Real Estate Direct Staff Report The $58.6 million CMBS loan against the Matrix Corporate Center office complex in Danbury, Conn., suffered a loss of $46.1 million as a result of the sale of its collateral for $17 million. The ...

Commercial Real Estate Direct Staff Report Matrix Corporate Center, a 1 million-square-foot office property in Danbury, Conn., whose $58.6 million CMBS loan has been in special servicing for more than two years, has been sold for $17 million, according to ...

Commercial Real Estate Direct Staff Report The Matrix Corporate Center, a 1 million-square-foot office building in Danbury, Conn., has been appraised at $60.8 million - less than half the $126 million appraised value pegged to it less than five years ...

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 ...

Dallas Morning News Tier REIT Inc. is said to be buying the former Encana Tower in the Dallas suburb of Plano, Texas, for what is said to be $125 million, or about $392.34/sf. The 318,600-square-foot building at 5851 Legacy Circle ...

Harbor Group International has paid $37.9 million, or about $86,193/unit, for Arium St. Johns, a 440-unit apartment property in Jacksonville, Fla. The Norfolk, Va., investment manager purchased the property, at 7925 Merrill Road, from a venture of the Carroll Organization ...

Commercial Real Estate Direct Staff Report The $81.5 million loan against the Matrix Corporate Center, a 1 million-square-foot office building in Danbury, Conn., has transferred to special servicer Midland Loan Services because it's expected to default. The loan is the ...

Commercial Real Estate Direct Staff Report MetLife's purchase of a 50 percent stake in Republic Plaza in Denver placed a value on the property that was $55.4 million less than the value at which it was appraised only two years ...

Class Amt $mln Sub Level% Avg Life (yrs) Rating Moody's Rating Fitch Rating Kroll Pricing % Final Pricing (bp) Bnch mark A-1 80.30 30.00 2.67 Aaa AAA AAA 100.000 +60 swaps A-2 161.20 30.00 4.93 Aaa AAA AAA 102.998 +77 ...

Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Moody's Rating Mstar Pricing % Final Pricing (bp) Bnch mark A-1 53.00 30.00 2.72 AAA Aaa AAA 99.998 +57 swaps A-2 142.00 30.00 4.98 AAA Aaa AAA 103.000 +80 ...