Deal Name: Credit Suisse Commercial Mortgage Trust

Cleveland Plain DealerA bankruptcy court judge has approved Chrysler's sale of its 2 million-square-foot stamping plant in Twinsburg, Ohio. Maynards Industries Ltd. of Canada placed a bid of $45.5 million for the property at an auction held yesterday in New ...

Commercial Real Estate Direct Staff Report Another midtown Manhattan office property that was purchased near the market's peak and based on the expectation that its rents would escalate is in danger of defaulting. The building, 575 Lexington Ave., with 637,685 ...

The Federal Reserve Bank of New York accepted 60 of the 63 CMBSsubmitted on the Nov. 17 subscription date for financing under the Term Asset-BackedSecurities Loan Facility, or TALF, for legacy CMBS.In total, the Fed received $1.4 billion of financing ...

HTML clipboardFollowing is a list of recent downgrades by Standard &Poor's: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln S&P New Rating S&P Old Rating Reason for Rating Action ...

Uncertainty surrounding a $157.4 million loan on a multifamily portfolio has prompted Moody's Investors Service to place on review for downgrade 15 classes from Credit Suisse Commercial Mortgage Trust, 2006-C2. The rating agency has already taken similar action with three ...

Commercial Real EstateDirect Staff ReportThe $160.3 million of securitized financing against BiscayneLanding, a 188-acre mixed-use project in Miami, Fla., is in foreclosure.The debt was securitized through Credit Suisse First BostonMortgage Securities Corp, 2007-TFL2.The property's owner, Boca Developers of Deerfield Beach,Fla., ...

HTML clipboardMoody's Investors Service has downgraded 79 classes from fiveCMBS deals as part of its review of conduit deals issued between2006-2008, as well as every large-loan deal. The downgrades arethe latest of a large list of rating actions that are ...

Standard & Poor's has downgraded two classes of Credit Suisse Commercial Mortgage Trust, 2006-C2, because of credit concerns it has with nine loans totaling $33.1 million, that have debt-service coverage levels of less than 1.0x. The loans are backed by ...

Moody's Investors Service has downgraded four classes of Credit Suisse First Boston Mortgage Securities Corp., 2006-TFL2.The rating agency downgraded two of the classes because of slow condominium sales affiliated with a $52.3 million loan that is secured by Metropolitan Warner ...

Moody's Investors Service has placed two classes of Credit Suisse First Boston Mortgage Securities Corp., 2006-TFL2, on review for possible downgrade because of a slow sales pace at the Metropolitan Warner Center condominium conversion project in Los Angeles.The redevelopment of ...