Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln Moody'sNewRating Moody'sOldRating Reason for Rating Action Bear Stearns Commercial Mortgage Securities Trust, 2001- TOP4 631.1 902.5 C 24.8 Aa2 Aa3 Increased subordination; defeasance (14.6 percent of pool) - - - D ...
Moody's Investors Service last Thursday downgraded six classes of Credit Suisse First Boston Mortgage Securities Corp., Series 2005-CND2, because of "performance issues" with the deal's two remaining assets. The transaction's collateral is comprised of a $450 million mortgage on the ...
Moody's Investors Service has downgraded two classes of Credit Suisse First Boston Mortgage Securities Corp., 2001-CK3, because of losses. The transaction has so far suffered $21.2 million of losses, and while no loans are in special servicing, 24 loans totaling ...
Fitch Ratings has downgraded the $18.8 million class N of Credit Suisse First Boston Mortgage Securities Corp., 2005-CND2, to B- from BB-, because of expected special servicing fees and concerns over two matured collateral loans. In addition, the rating agency ...
Commercial Real Estate Direct Staff Report The volume of delinquent CMBS fell in June to $2.27 billion from $2.4 billion a month earlier, according to Realpoint. The reduction in volume was due in large part to the liquidation of $62.5 ...
Moody's Investors Service has downgraded four classes of Credit Suisse First Boston Mortgage Securities Corp., 2005-CND1, because sales efforts by the owners of two properties backing troubled loans have so far been unsuccessful. The rating agency last March had downgraded ...
Commercial Real Estate Direct Staff Report Somerset Partners has acquired 450 Park Ave. in New York City for about $510 million, or $1,589/sf, a record high for U.S. real estate. As reported by the Wall Street Journal, Somerset, the New ...
Fitch Ratings has downgraded two classes of Credit Suisse First Boston Mortgage Securities Corp., 2005-CND2, because all of the deal's collateral loans mature this year and many are facing challenges. The transaction is backed by eight remaining loans on apartment ...
Commercial Real Estate Direct Staff Report Mission Capital Advisors is offering a pair of loan portfolios with a combined balance of $20 million. Both portfolios, which are offered by different sellers, are expected to be sold before the end of ...
Moody's Investors Service has once again downgraded Credit Suisse First Boston Mortgage Securities Corp., 2005-CND2, which is backed by loans on properties that were slated to be converted to condominiums.The rating agency last downgraded some of the deal's classes late ...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
