Deal Name: CD

Commercial Real Estate Direct Staff Report Wells REIT II Inc. has transferred the Manhattan Towers, a 309,735-square-foot office complex in Manhattan Beach, Calif., to its lender, CD, 2007-CD4. The Atlanta REIT, whose shares do not trade on any exchange, had ...

Commercial Real Estate Direct Staff Report A $100 million loan against the 677,222-square-foot office building in Chicago has been moved to special servicing because of the potential that it will not be paid off by its Jan. 1 maturity. The ...

Crain's Chicago Business RE Solutions EMR LLC has been appointed receiver for Evergreen Plaza, a retail property with 800,000 square feet in suburban Chicago. The property, which is also referred to as The Plaza, is being marketed for sale through ...

Starwood Property Trust is providing up to $36 million of financing for the 65-room City Club Hotel in midtown Manhattan. The hotel's owners will use proceeds from the fresh debt to retire a $21.36 million loan that was securitized through ...

Following is a list of recent downgrades by Moody's Investors Service: 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 Notes Banc of America ...

A $75 million loan against an office complex that Wells REIT II owns in Manhattan Beach, Calif., has been moved to special servicing roughly three months after the property lost a tenant that had occupied 76 percent of its space. ...

The $550 million of senior debt on San Francisco's Villas Parkmerced apartment complex has been modified, extending its maturity by five years to 2016. A portion of the debt is securitized through CD, 2006-CD2, and has been in special servicing ...

Commercial Real Estate Direct Staff Report A total of 125 loans with a balance of $5.7 billion are backed by properties in Hawaii, which has been hit with large ocean waves as a result of the earthquake that hit Japan ...

Commercial Real Estate Direct Staff ReportFortress Investment Group has taken over the ownership entity of San Francisco's Villas Parkmerced apartment complex, after acquiring the mezzanine debt against the 3,221-unit property.The action resolves a default that had plagued the securitized debt ...

A venture of a fund managed by Fidelity Real Estate Group and Hotel Asset Value Enhancement has acquired the Northland Inn, a 231-unit hotel in Brooklyn Park, Minn., resolving a $20.5 million securitized mortgage that had been delinquent for nearly ...