David Simon Passes Away After Battle with Cancer
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CREFC’s Lisa Pendergast Retiring in August
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Brookfield Revives GGP Name for Malls
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Commercial Real Estate Direct Staff Report The $27.4 million CMBS loan against the Hickory Point Mall in Forsyth, Ill., has been sent back to special servicer C-III Asset Management because it's expected to default. The loan, securitized through Bear Stearns ...
Commercial Real Estate Direct Staff Report The $115.8 million of CMBS debt against the AT&T corporate campus in suburban Chicago has transferred to special servicing because it's expected to default. The financing is comprised of a $59.1 million loan that's ...
The $184.4 million of CMBS financing against a portfolio of eight shopping centers with 1.6 million square feet in Ohio and Indiana has transferred to special servicing because it's expected to default. The financing, comprised of two loans, matures in ...
Credit Suisse's Column Financial lending operation has written a $250 million mortgage against the SoHo Grand and Tribeca Grand, a pair of boutique hotels in lower Manhattan. The new financing is being used to defease, or replace with government securities, ...
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-196.7927.002.99AAAAaa+5swapsA-2212.0027.004.64AAAAaa+12swapsA-395.1027.006.55AAAAaa+27swapsA-AB81.5027.007.17AAAAaa+23swapsA-4563.8327.009.67AAAAaa+22swapsA-1A195.2127.009.06AAAAaa NAswapsA-M170.4717.009.89AAAAaa+27swapsA-J125.729.6259.92AAAAaa+31swapsB31.967.759.98AAAa2+33swapsC12.797.0010.60AA-Aa3+37swapsD25.575.5012.15AA2+46swapsE14.924.62514.08A-A3+53swapsF14.923.7514.23BBB+Baa1+70swapsG14.922.87514.47BBBBaa2+80swapsH8.522.37514.56BBB-Baa3NAswapsJ10.661.75 BB+Ba1NAswapsK2.131.625 BBBa2NAswapsL6.391.25 BB-Ba3NAswapsM2.131.125 B+B1NAswapsN2.131.00 BB2NAswapsO4.260.75 B-B3NAswapsP12.790.00 NRNRNAswapsX1,704.70* AAAAaaNATreas*Notional amount, interest onlyCollateral balance: $1,704.70Bookrunner(s): Bear Stearns, Morgan StanleyLead Managers: Bear Stearns, Morgan StanleyB-piece Buyer: ARCap Master Servicer: Wells FargoSpecial Servicer: ARCap ServicingTrustee: LaSalle BankOriginators: Wells Fargo (30 percent), Morgan Stanley (30 percent), Bear Stearns (24.3 ...
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