Commercial Real Estate Direct Staff Report The $83 million CMBS loan against the Wateridge Office Park in Los Angeles has transferred to special servicer Midland Loan Services because it wasn't paid off by its maturity earlier this month. The loan ...
Commercial Real Estate Direct Staff Report Midland National Life Insurance Co. has provided financing against Sunroad Corporate II, a 303,300-square-foot office property in San Diego. Proceeds of the loan were used to retire an $84 million mortgage that was securitized ...
Commercial Real Estate Direct Staff Report Facing a looming debt maturity, a venture of Moinian Group and Goldman Sachs has agreed to sell 417 Fifth Ave. in midtown Manhattan for $140 million, 44 percent less than the amount paid for ...
The Real DealA venture of Moinian Group and Goldman Sachs has withdrawn 417 Fifth Ave. in Manhattan from the sales market. The venture, which acquired the 412,000-square-foot office property for $250 million in 2007, was concerned that it would resell ...
New York PostA venture of Moinian Group and Goldman Sachs is offering for sale a 412,000 square-foot office building in midtown Manhattan. Cushman & Wakefield has the listing for 417 Fifth Ave., which is expected to fetch between $175 million ...
The New York investor is buying the 412,000-square-foot office building from a venture of Murray Hill Properties and GE Pension Trust. The purchase comes on the heels of the firm's $200 million purchase of the nearby 245 Fifth Ave.
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-166.5030.003.10AAAAaa+11swapsA-2250.2530.004.90AAAAaa+26swapsA-3A115.0030.006.56AAAAaa+35swapsA-3B50.0030.006.70AAAAaa+38swapsA-SB99.8030.007.33AAAAaa+29swapsA-4802.6030.009.80AAAAaa+31swapsA-M197.7320.009.91AAAAaa+37swapsA-J121.1113.8759.91AAAAaa+42swapsB42.0211.759.91AAAa2+48swapsC19.7710.759.91AA-Aa3+51swapsD37.088.8759.98AA2+58swapsE19.777.8759.99A-A3+68swapsF24.726.6259.99BBB+Baa1+103swapsG27.195.259.99BBBBaa2+113swapsH24.724.009.99BBB-Baa3+165swapsJ12.363.3749.99BB+Ba1NAswapsK12.362.759.99BBBa2NAswapsL4.942.509.99BB-Ba3NAswapsM7.422.1259.99B+NRNAswapsN7.421.7509.99BNRNAswapsO4.941.509.99B-NRNAswapsP29.660.0012.13NRNRNAswapsXP*NA AAAAaaNATreasXC*1,977.30NANAAAAAaaNATreas*Notional amount, interest onlyCollateral balance: $1,977.30Bookrunner(s): Banc of America SecuritiesLead Managers: Banc of America Securities, Barclays CapitalCo-managers: Morgan Stanley, Deutsche BankB-piece Buyer: Anthracite CapitalMaster Servicer: Bank of AmericaSpecial Servicer: Midland Loan ServicesTrustee: LaSalle BankOriginators: Barclays (28.6 percent), ...
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.
