Deal Name: GE Commercial Mortgage Corp. 2006-C1

Commercial Real Estate Direct Staff Report The Berger Organization, an old-line Newark, N.J., developer, has purchased 33 Washington St., a 410,693-square-foot office building in the city. The company bought the 47-year-old building from LNR Partners, which had been overseeing it ...

The Real Deal Aventura View, the former Concorde Centre II office building in Aventura, Fla., has been sold for nearly $40 million, or $373/sf, to COFE Properties of Miami in a deal brokered by CBRE. The sale, by a venture ...

Commercial Real Estate Direct Staff Report One of the CMBS deals that holds some of the $678 million of mortgage debt against Vornado Realty Trust's Skyline portfolio was hit with interest shortfalls that impacted its AJ class, which originally carried ...

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 ...

Standard & Poor's has downgraded the $2 million class O of GE Commercial Mortgage Corp., 2006-C1, to CCC+ from B-, because of concerns it has with a $6.6 million collateral loan that has a debt service coverage level of less ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchFinalPricing (bp)BnchmarkA-149.2030.003.02AAAAAA+5swapsA-1A302.0030.008.96AAAAAANAswapsA-254.3030.004.67AAAAAA+16swapsA-347.2030.007.29AAAAAA+30swapsA-AB53.2030.007.19AAAAAA+27swapsA-4620.1030.009.66AAAAAA+25swapsA-M160.9020.009.84AAAAAA+30swapsA-J146.8010.8759.90AAAAAA+36swapsB36.208.6259.96AAAA+41swapsC14.107.759.96AA-AA-+43swapsD24.656.259.96AA+50swapsE14.385.3759.96A-A-+59swapsF14.384.509.96BBB+BBB++80swapsG14.383.6259.96BBBBBB+100swapsH14.382.759.96BBB-BBB-+145swapsJ6.162.3759.96BB+BB+NAswapsK6.162.0010.04BBBBNAswapsL6.161.62510.05BB-BB-NAswapsM2.061.5010.05B+B+NAswapsN4.111.2510.05BBNAswapsO2.051.12510.05B-B-NAswapsP18.490.0010.64NRNRNAswapsX-W1,643.80*0.00NAAAAAAANATreas*Notional amount, interest onlyCollateral balance: $1,608.80 millionBookrunner(s): Banc of America Securities, Deutsche BankLead Managers: Banc of America Securities, Deutsche BankCo-managers: Credit Suisse, JPMorgan Chase, Merrill LynchB-piece Buyer: LNR PartnersMaster Servicer: Wachovia BankSpecial Servicer: LNR PartnersTrustee: LaSalle BankOriginators: ...