Deal Name: Bear Stearns Commercial Mortgage Securities Inc.

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 TIAA Seasoned Commercial Mortgage ...

By John Covaleski, Commercial Real Estate Direct Staff WriterPrime Healthcare Services, a hospital operator in Ontario, Calif., has agreed to buy the Marriott Ontario Airport hotel in its home city for less than the property's $25.16 million of securitized debt, ...

By John Covaleski, Commercial Real Estate Direct Staff WriterSunstone Hotel Investors has struck a deal to acquire a majority stake in the 1,625-room Manchester Grand Hyatt San Diego from developer Douglas F. Manchester in a deal that would value the ...

Courier-PostThe Cherry Hill Pavilions Shopping Center in the Philadelphia suburb of Cherry Hill, N.J., will be sold next month at auction. The 257,353-square-foot property last changed hands in 2004. The debt is securitized through Bear Stearns Commercial Mortgage Securities Trust, ...

By John Covaleski, Commercial Real Estate Direct Staff Writer A 299-room hotel in Ontario, Calif., which Sunstone Hotel Investors surrendered to its lender last year, has hit the sales market. Rim Hospitality, the court-appointed receiver for the property, the Marriott ...

By John Covaleski, Commercial Real Estate Direct Staff WriterWestdeutsche Landesbank has initiated foreclosure proceedings on $72.9 million of debt backed by the 184-room Sé San Diego hotel in that city's Gaslamp district.The German bank, commonly referred to as WestLB, provided ...

Commercial Real Estate Direct Staff Report Government Properties Income Trust has paid $43.7 million for a 266,000-square-foot office-flex building in Landover, Md., that is fully leased to the federal government.The Newton, Mass., REIT, which specializes in government-leased properties, also assumed ...

Commercial Real Estate Direct Staff ReportSunstone Hotel Investors, which last year clearly said it would give back properties to lenders if valuations dictate it, has decided to turn over 11 of its hotels to Massachusetts Mutual Life Insurance Co.The insurer ...

HTML clipboardFollowing is a list of recent downgrades by Moody's InvestorsService: 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 Reason for Rating Action ...

Expected losses from loans in special servicing has prompted Moody's Investors Service to place four classes of Bear Stearns Commercial Mortgage Securities Inc., 2005-TOP18, on review for possible downgrade. Six loans with a balance of $95.4 million are with the ...