David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Deal Name: Banc of America Large Loan
Downgrade of Re-insurer Prompts Moody’s to Move on CMBS Deals
October 30, 2003 Moody's Investors Service has downgraded Banc of America Large Loan Inc., 2001-WBM, and two issues of bonds from Desert Ridge Resort LLC, to Ba3 from Ba1, to reflect its recent downgrade of Royal Indemnity Co., which re-insures ...
Fitch Keeps 7 World Trade Bonds on Negative Watch
October 22, 2003 Fitch Ratings is keeping the ratings on Banc of America Large Loan Inc., 2001-7WTC, on rating watch negative, 18 months after it first placed the bonds under review.The rating agency said it decided to keep the bonds ...
Moody’s Puts 7 World Trade CMBS Deal Under Review
September 16, 2003 Moody's Investors Services has placed nine classes of Banc of America Large Loan Inc., 2001-7WTC, under review for possible downgrades because it's not likely that the deal's underlying debt will be repaid anytime soon.The deal was backed ...
Moody’s Downgrades Banc of America Large Loan 2001-WBM
July 7, 2003 Moody's Investors Service has downgraded Banc of America Large Loan Inc., 2001-WBM, to Baa3 from Baa2, as a result of its recent downgrade of Royal Indemnity Co.'s financial strength rating.The one-class CMBS deal is backed by a ...
Moody’s Downgrades 2 Classes of Banc of America 2002-FLT1
July 3, 2003 Moody's Investors Service has downgraded two classes of Banc of America Large Loan Inc., 2002-FLT1, because two of the deal's collateral loans, which represent nearly a third of the pool's balance, have seen a deterioration in performance.The ...
Moody’s Places 3 Classes of BofA 2002-FLT1 Under Review for Downgrade
June 10, 2003 Moody's Investors Service has placed three classes of Banc of America Large Loan Inc., 2002-FLT1, under review for possible downgrade because of a decline in performance of the deal's largest collateral loan.The rating agency said it was ...
Moody’s Affirms Ratings of 7WTC Deal
February 7, 2003 Moody's Investors Service has confirmed the ratings of Banc of America Large Loan Inc., 2001-7WTC, which it had placed under review last June.The rating agency said its ratings affirmation was due to the "improved prospects that the ...
$400Mln in Liberty Bonds OK’d for 7 World Trade Center
January 15, 2003 Newsday (New York)NEW YORK (AP) – City officials yesterday approved $400 million in tax-exempt Liberty Bonds for 7 World Trade Center, the 52-story office building that is going up just north of the main trade center site. ...
Moody’s Downgrades Banc of America, 2001-WBM
November 19, 2002 Moody's Investors Service has downgraded Banc of America Large Loan Inc., 2001-WBM, to Baa2 from A1 because the insurance company that ultimately provides credit enhancement for the deal was downgraded last week.Financial Structures Limited provides a debt-service ...
S&P Downgrades BofA Large Loan 2001-WBM
November 7, 2002 Standard & Poor's has downgraded Banc of America Large Loan Inc., 2001-WBM to triple-B-plus from single-A. The agency had placed the deal on CreditWatch with negative implications on placed Oct. 23.The notes are backed by a $130 ...
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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.
