Deal Name: GE Capital Mall Finance Corp
S&P Upgrades 4 Classes of GS Mortgage 1998-C1
Standard & Poor's has upgraded four classes of GS Mortgage Securities Corp. II, 1998-C1, because of improved subordination levels. In addition, 13 percent of the collateral pool has been defeased, or replaced by government securities.The transaction's balance is $1.38 billion, ...
Moody’s Upgrades 3 Classes of GE Capital 1998-1
Moody's Investors Service has upgraded three classes of the GE Capital Mall Finance Corp., 1998-1, because of improved subordination levels. The deal has a remaining balance of $427.6 million, down 8 percent from $465 million at issuance.Moody's upgraded the deal's:- ...
PREIT Completes $111Mln Sale of Malls to Lightstone
September 28, 2004 Pennsylvania Real Estate Investment Trust (NYSE:PEI) has completed its $110.7 million sale of five shopping malls to Lightstone Real Estate Partners.PREIT said it would use the $108.5 million of net proceeds from the sale to pay down ...
Moody’s Upgrades 4 Classes of GE Capital 1998-1
July 23, 2004 Moody's Investors Service has upgraded the ratings of four classes of GE Capital Mall Finance Corp., 1998-1, because of a reduction in the collateral balance.The rating agency upgraded the deal's: – $51 million class A-3 to Aaa ...
PREIT Sells Five Malls for $110.7Mln; Swaps 2 in CMBS Deal
June 17, 2004 Pennsylvania Real Estate Investment Trust (NYSE:PEI) has agreed to sell five malls to Lightstone Real Estate Partners for $110.7 million.The five properties total 2.6 million square feet and are: Bradley Square Mall in Cleveland, Tenn.; Martinsburg Mall ...
S&P Raises Ratings on GE Capital Mall Finance 1998-1
May 8, 2002NEW YORK – Standard & Poor's has raised its rating on class A-2 of GE Capital Mall Finance Corp.'s 1998-1 because of the improved financial operating performance of the portfolio's mall collateral.Class A-2 was raised to triple-A from ...
Moody’s Upgrades Conduit Tranches Secured by Crown American Mall Mortgages
Editor's note: This story was updated March 21 to include Moody's specific upgrades, originally published here March 19, but omitted in a later posting. March 20, 2001JOHNSTOWN, Pa. - Moody's Investors Service has upgraded the rating on five classes of ...
Moody’s Upgrades GE Capital Mall Finance, 1998-1
March 19, 2001 NEW YORK – Moody's Investors Service has upgraded GE Capital Mall Finance Corp., 1998-1, because the performance of the deal's underlying collateral properties has improved since issuance.The upgrades were as follows:– Class A-2 went to Aaa from ...
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