Deal Name: Credit Suisse Commercial Mortgage Trust

Commercial Real Estate Direct Staff Report The $475 million of securitized debt on 32 apartment properties with 9,504 units that were thrown into bankruptcy by PJ Finance Co. has been transferred to special servicing. The move was expected, given the bankruptcy ...

Alliance Holdings, affiliates of which own a 90 percent stake in a portfolio of 32 apartment properties that back a $475 million CMBS loan, did not participate in a bankruptcy filing orchestrated by PJ Finance Co., which had held a ...

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 Cobalt CMBS Commercial Mortgage ...

The entity that owns 32 apartment properties that collateralize a $475 million CMBS loan last week filed for bankruptcy. The loan was securitized through Credit Suisse Mortgage Securities Corp., 2007-C2. The properties' owner says they're worth only $275 million and ...

Commercial Real Estate Direct Staff Report General Growth Properties Inc., which said it would be refinancing $5 billion of mortgages this year, will also be selling some properties or giving them to its lenders. The Chicago REIT owns 169 shopping ...

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 Bear Stearns Commercial ...

Arizona Daily StarSignature Properties International is delinquent on $165 million in mortgages against the J.W. Marriott Starr Pass Resort & Spa near Tucson, Ariz.A $145 million senior portion of the debt is securitized through Credit Suisse Commercial Mortgage Trust Series, ...

South Florida Business JournalCredit Suisse has failed to close a deal to sell the Biscayne Landing development site in Miami to local developer Bruce Eichner. The property, which had been slated for a massive mixed-use project, was expected to be ...

Commercial Real Estate Direct Staff ReportHilco Real Estate is soliciting offers for a 710,604-square-foot industrial property in Hammond, La., that is owned by Wextrust Capital, a Chicago investment manager whose principals were charged by the SEC with cheating investors through ...

Commercial Real Estate Direct Staff ReportA venture led by Treeline Cos. wants to negotiate new terms for an $87 million loan against Franklin Avenue Plaza, a 517,127-square-foot office complex in Garden City, N.Y.The loan, securitized through Banc of America Commercial ...