Deal Name: First Union-Lehman Bros Commercial Mortgage Trust II

Kansas City Business JournalL4 Properties has been appointed as receiver for the Noland Fashion Square, a 392,500-square-foot retail property in Independence, Mo. The property at U.S Highway 40 and Noland Road is owned by a venture that calls itself Noland ...

April 14, 2005 Moody's Investors Service has upgraded four classes of First Union-Lehman Brothers Commercial Mortgage Trust II, 1997-C2, because of improved subordination levels.The deal's collateral balance is $1.4 billion, which compares with $2.2 billion at issuance. In addition, 4.7 ...

August 5, 2004 Standard & Poor's has downgraded the $44.1 million class J of First Union-Lehman Brothers Commercial Mortgage Trust, 1997-C2, to triple-C-plus from single-B-minus because of expected losses from loans in special servicing.Since securitization, the deal has seen $22.1 ...

July 16, 2004 Fitch Ratings has upgraded two classes of First Union-Lehman Brothers Commercial Mortgage Trust II, 1997-C2, because subordination levels have improved. The deal's balance has shrunk to $1.6 billion from $2.2 billion at issuance. So the rating agency ...

October 14, 2003 Moody's Investors Service has upgraded two classes of First Union-Lehman Brothers Commercial Mortgage Trust II, 1997-C2, because subordination levels have improved as a result of loan payoffs and amortization.The rating agency upgraded the deal's:– $110.2 million class ...

September 10, 2003 Fitch Ratings has upgraded four classes of First Union-Lehman Brothers Commercial Mortgage Trust II, 1997-C2, because subordination levels have increased as a result of loan payoffs and amortization.The rating agency upgraded the deal's:– $110.2 million class B ...

A $17.1 million mortgage on a full-service hotel outside of Orlando, Fla., has been put up for sale. The loan is part of the collateral pool of a CMBS transaction that was floated in 1997.