Deal Name: Bear Stearns Commercial Mortgage Securities Inc.

Lindy Property Management Co. is said to have agreed to pay $111 million, or roughly $102,210/unit, for the Towers at Wyncote, a 1,086-unit apartment property in the Philadelphia suburb of Wyncote, Pa. The property backs what had been a $136 ...

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 Bear Stearns Commercial Mortgage ...

Crain's Chicago Business Opine Properties has paid $13.8 million, or about $46,779/room, for the Four Points by Sheraton Chicago O'Hare Airport in suburban Chicago. The 295-room hotel had backed a $22.5 million loan that was securitized through Bear Stearns Commercial ...

Commercial Real Estate Direct Staff Report The 418,026 square feet of office space at One Newark Center in downtown Newark, N.J., was recently appraised at a value of $86.5 million. The property backs a $96.7 million loan that was securitized ...

Commercial Real Estate Direct Staff Report Oaktree Capital Management has acquired a stake in Paces West, a 646,471-square-foot office complex in Atlanta, in a recapitalization of the property that included a modification of its $82.2 million CMBS loan. Oaktree bought ...

Commercial Real Estate Direct Staff Report The recent $23 million sale of the Pointe Hilton Tapatio Cliffs Resort in Phoenix resulted in a 90 percent loss to the property's $52.9 million CMBS loan. The 585-room hotel, at 11111 North 7th ...

Commercial Real Estate Direct Staff Report The buzz is that the venture of Praedium Group and Gale Real Estate Services Co. that owns the 417,005 square feet of office space at One Newark Center had been shooting to generate $115 ...

Commercial Real Estate Direct Staff Report A $96.7 million loan against the 418,026-square-foot One Newark Center in downtown Newark, N.J., defaulted when it matured Dec. 1. A venture of the Praedium Group and the Gale Real Estate Services Co. affiliate ...

The lender provided $110 million of financing for 111-115 Fifth Ave., four buildings in Manhattan's Flatiron area that were constructed during the 1800s. The loan allows the property's owner to retire a $75 million CMBS loan that wasn't scheduled to ...

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 Bear Stearns Commercial Mortgage ...