Deal Name: COMM

Triple Net Properties is offering for sale 20770 Madrona Ave., a 211,000-square-foot office complex in Torrance, Calif. The four-building property is 87 percent leased to American Honda, Kaiser Permanente, and Navcom Technology. CB Richard Ellis' Los Angeles office has the ...

Commercial Real Estate Direct Staff ReportStrategic Hotels & Resorts has lined up $318.5 million of mortgage debt for three of its properties, allowing it to retire $292.5 million of debt. The Chicago hotel company also has lined up a fresh ...

Commercial Real Estate Direct Staff ReportLionstone Partners has acquired a 137,707-square-foot office building in Burbank, Calif., for $46.3 million from MJ Realty Group.The property, known as the Alameda Media Center, is at 2901 W. Alameda Ave. in the heart of ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-152.5030.003.01AAAAaa+16swapsA-1A669.2830.008.51AAAAaaNAswapsA-2A100.0030.004.72AAAAaa+30swapsA-2B366.0030.004.86AAAAaa+21swapsA-3244.5030.006.80AAAAaa+28swapsA-41,118.2130.009.82AAAAaa+25swapsA-AB92.5030.007.29AAAAaa+26swapsA-M377.5720.009.97AAAAaa+29swapsA-J302.0612.009.97AAAAaa+32swapsB28.3211.259.97AA+Aa1+38swapsC42.4810.1259.97AAAa2+40swapsD37.769.1259.97AA-Aa3+44swapsE23.608.509.97A+A1+46swapsF28.327.7510.02AA2+48swapsG51.926.37510.05A-A3+54swapsH38.225.37510.05BBB+Baa1+72swapsJ43.004.2510.05BBBBaa2+80swapsK43.003.125NABBB-Baa3+93swapsL19.102.625NABB+Ba1NAswapsM19.112.125NABBBa2NAswapsN4.782.00NABB-Ba3NAswapsO9.561.75NAB+B1NAswapsP14.331.375NANRB2NAswapsQ9.561.125NANRB3NAswapsS43.000.00NANRNRNAswapsXP3,698.50*NA5.54AAAAaa+75TreasXS3,775.70*NANAAAAAaaNATreas*Notional amount, interest onlyCollateral balance: $3,775.70 millionBookrunner(s): Deutsche Bank, Banc of AmericaLead Managers: Deutsche Bank, Banc of America, Braclays CapitalCo-managers: Morgan StanleyB-piece Buyer: LNR Property Co.Master Servicer: Midland Loan ServicesSpecial Servicer: LNR PartnersTrustee: LaSalle BankOriginators: Deutsche Bank ...

Dominion Bond Rating Service, which last September placed the $1.2 million class O of COMM, 2004-LNB2, under review for possible downgrade, has confirmed the class' B(low) rating.The rating agency had placed the class under review because of expected losses from ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-1217.0440.891.14AAAAAAAaa+5LiborA-21,300.7740.891.70AAAAAAAaa+10LiborA-J507.0021.191.89AAAAAAAaa+13LiborB111.0016.882.15AA+AA+Aa1+17LiborC78.0013.852.16AA+AA+Aa2+19LiborD86.0010.512.16AAAAAa3+23LiborE64.008.022.16AAAA-A1+29LiborF64.005.532.16AA-A+A2+34LiborG61.003.162.16A+A+A3+38LiborH38.001.682.16AANR+57LiborJ43.350.002.16A-A-NR+95Libor*Notional amount, interest onlyCollateral balance: $3,014.76 millionBookrunner(s): Deutsche BankLead Managers: Deutsche Bank, Societe Generale, Barclays CapitalCo-managers: Credit Suisse, JPMorgan Chase, Lehman BrothersMaster Servicer: Capmark FinanceSpecial Servicer: LNR PartnersTrustee: LaSalle BankOriginators: Deutsche Bank (67.4 percent), Bank of America ...

BPG Properties has paid $75 million for Pierre Laclede Center, a 577,181-square-foot office complex in St. Louis. The firm acquired the two-building complex on behalf of Berwind Property Group from BayNorth Capital.

Standard & Poor's has downgraded the $14.5 million class L of COMM, 2003-FL9, to BB- from BBB- because a large collateral has seen a decline in operating performance.The $54 million loan is backed by the Avenue at Tower City Center, ...

Commercial Real Estate Direct Staff ReportThere's talk that HEI Hospitality LLC has agreed to buy the 360-room Park Hyatt San Francisco hotel.The Norwalk, Conn., firm is said to be paying around $350,000/key or $126 million for the hotel at 333 ...

Fitch Ratings has upgraded five classes of COMM, 2005-FL10, because of increased subordination levels.The deal has a remaining balance of $1.5 billion, down 29.5 percent from $2.2 billion at issuance. Fitch upgraded the deal's:- $99.7million class B to AA+ from ...