Deal Name: Banc of America Commercial Mortgage Inc.

Commercial Real Estate Direct Staff Report The recent $128.8 million sale of a portfolio of industrial properties with 4.4 million square feet to Exeter Property Group has resulted in a loss of $34.8 million to the CMBS trust that held ...

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 Mortgage ...

Commercial Real Estate Direct Staff Report Rouse Properties Inc. will likely default on the $48 million mortgage against the Steeplegate Mall, with 480,120 square feet in Concord, N.H., according to analysis by Nomura Securities. The investment bank's CMBS research team ...

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 ...

New York Post Sotheby's will be accepting a second round of offers next month for its headquarters building at 1334 York Ave. in Manhattan. Eastdil Secured is representing the auction company, which might move to another location. Sotheby's is looking ...

Commercial Real Estate Direct Staff Report The $130.4 million CMBS loan against the Connecticut Financial Center in New Haven, Conn., has been split into a $70 million A-note and $60.4 million B-note as part of a modification. In addition, the ...

Washington Business Journal A venture of Fosterlane Management Co. and a Kuwaiti investor has agreed to pay $294 million, or roughly $879/sf, for the 334,175-square-foot office building at 1200 19th St. NW in Washington, D.C. The seller of the property, ...

American Realty Advisors has agreed to buy 499 Park Ave., a 291,515-square-foot office building in midtown Manhattan. The 28-story building, on the corner of 59th street, is one of two that were put on the sales block through CBRE and ...

Commercial Real Estate Direct Staff Report An $84 million CMBS loan against 309,092 square feet of the Fiesta Mall, a 1 million-square-foot shopping center in Mesa, Ariz., was transferred to special servicing in February because it was expected to default. ...

Commercial Real Estate Direct Staff Report The junior AAA class of Banc of America Commercial Mortgage Trust, 2007-1, was shorted $214,777 of the $1.2 million of interest it was due last month as a result of the low appraisal for ...