Deal Name: Banc of America Large Loan Inc.

Standard & Poor's has placed on CreditWatch with negative implications the BBB- rating of the $30 million class L of Banc of America Large Loan Inc., 2005-MIB1. The rating agency said the move was prompted by the "deterioration in the ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionBanc of America Large Loan Inc., 2005-MIB11,040.01,260.0B43.0AaaAa1Increased subordination; improved collateral performance---C51.2AaaAa3-

  ClassAmt$mlnSubLevel%AvgLife (yrs)*RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-1670.3941.691.53AAAAAAAaa+7LiborA-2223.4622.251.80AAAAAAAaa+11LiborB15.0420.941.80AAAAAAAaa+14LiborC43.2117.181.80AA+AA+Aa2+18LiborD42.4113.491.80AAAANR+21LiborE28.2811.031.80AA-AA-NR+24LiborF28.288.571.80A+A+NR+31LiborG28.286.111.80AANR+33LiborH28.273.661.86A-A-NR+37LiborJ11.272.682.02BBB+BBB+NR+58LiborK11.841.652.05BBBBBBNR+71LiborL18.930.002.14BBB-BBB-NR+160LiborX-1A1,149.64NANAAAAAAAAaaNALiborJ-CP***13.68NA1.80BBBBBB+Baa1+50LiborK-CP20.28NA1.80BBB-BBBBaa2+55LiborL-CP39.76NA1.80BB+BBB-Baa3+65LiborJ-CA5.22NA1.80BBB-BBB+Baa1+60LiborK-CA3.58NA1.80BB+BBBBaa2+65LiborL-CA4.16NA1.80BB+BBB-Baa3+75LiborM-MC2.00NANABB+BB+Ba3NALiborL-SC0.40NANABB+BB-Ba1NALibor*Average life assumes no extensions**Notional amount, interest only***Classes J-CP through L-SC are loan-specific and tied to the CarrAmerica, Midtown Centre and Sterling Court loans.Collateral balance: $1,238.71Bookrunner(s): Banc of America SecuritiesLead Managers: Banc of America Securities, Ixis Corporate ...

Nomura Credit & Capital Inc. has provided Maguire Properties with a $458 million loan to refinance the 1.3 million-square-foot Gas Company Tower office property in Los Angeles.Nomura last year had provided a forward commitment for the loan. At that time, ...

There's talk that Blackstone Real Estate Partners is offering for sale the 1,195-room Westin St. Francis in San Francisco. Blackstone paid about $243 million for the hotel in 2000. Now it could trade for about $300,000/key, or roughly $360 million. ...

Moody's Investors Service has upgraded two classes of Banc of America Large Loan Inc., 2003-BBA2, because of improved subordination levels.The deal's balance is $636.4 million, compared with $1.4 billion at issuance. The large reduction in the pool's balance offsets what ...

LaSalle Hotel Properties has secured a $140 million loan to finance its purchase of the 751-room Westin Michigan Avenue in Chicago.Wells Fargo Bank provided the 10-year mortgage, which pays only interest for the first five years. It has a fixed ...

Fitch Ratings has downgraded two classes of Banc of America Large Loans Inc., 2003-BBA2, because the deal's second largest loan has performed poorly.The loan, with a balance of $185.6 million, is backed by office properties in Atlanta, Irving, Texas and ...

Standard and Poor's has downgraded the $34 million class L of Banc of America Large Loan, 2003-BBA2, to BB from BBB- because the properties backing a large collateral loan have performed poorly.The loan, Colonnade Portfolio, has a trust balance of ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-1674.1945.161.57AAAAAAAaa+15LiborA-2224.7326.761.82AAAAAAAaa+21LiborB43.0323.382.51AA+AA+Aa1+26LiborC51.1919.213.21AAAAAa3+31LiborD30.3116.753.28AA-AA-N/A+36LiborE30.3114.283.29A+A+N/A+40LiborF30.3111.283.29AAN/A+47LiborG30.319.353.29A-A-N/A+53LiborH25.317.293.29BBB+BBB+N/A+78LiborJ28.764.953.29BBBBBBN/A+105LiborK30.852.443.29BBB-BBB-N/A+200LiborL30.000.003.29BBB-BBB-N/A+300LiborM-RC4.36  N/AN/AN/A LiborX-1A*1,229.30  AAAAAAAaa+45EDSFX-1B*1,229.30  AAAAAAAaa LiborX-2*40.20  AAAAAAAaa LiborX-3*228.00  AAAAAAAaa LiborX-4*52.50  AAAAAAAaa LiborX-5*384.00  AAAAAAAaa Libor*Notional amount, interest onlyCollateral balance: $1,256.41 million Bookrunner(s): Banc of America Securities, Merrill LynchLead Managers: Banc of America Securities, Merrill Lynch, Barclays Capital Real Estate, IXIS Real Estate CapitalMaster Servicer: Bank of AmericaSpecial Servicer: Bank of AmericaTrustee: ...