Deal Name: GE Commercial Mortgage Corp.

  Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln Moody'sNewRating Moody'sOldRating Reason for Rating Action GE Capital Commercial Mortgage Corp., 2003-C1 1,040.0 1,190.0 D 25.3 Aaa Aa1 Increased subordination; defeasance (30.5 percent of pool) - - - E 16.3 Aa2 ...

Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln FitchNewRating FitchOldRating Reason for Rating Action Banc of America Large Loan Inc., 2005-MIB1 804.3 1,260.0 C 51.2 AAA AA+ Increased subordination - - - D 30.3 AA+ AA - - - - ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnDBRSNewRatingDBRSOldRatingReason for Rating ActionGE Commercial Mortgage Corp., 2004-C21,324.51,822.4B41.3AA(high)AAImproved collateral performance; defeasance (9 percent of pool)---C17.2AAAA(low)----D25.8A(high)A----E15.5AA(low)----F18.9A(low)BBB(high)----G17.2BBB(high)BBB-

Triple Net Properties is offering for sale the Chatsworth Business Park, a 232,000-square-foot office complex in the Los Angeles suburb of Chatsworth. The Los Angeles office of CB Richard Ellis is marketing the two-building property on behalf of the Santa ...

Griffin Properties has paid $114.5 million for 1301 Fannin Street, a 786,000-square-foot office building in Houston.Griffin, which is based in Houston, is buying the 25-story property from a venture between Shidler Group of San Diego and investment manager Angelo Gordon ...

South Florida Business JournalThe Design Center of the Americas is undergoing a make-over. Cohen Brothers Realty, a New York company that purchased the three-building complex in Dania Beach, Fla., in 2005, is expected to provide in excess of $10 million ...

Sunstone Hotel Investors Inc. has completed its $242.5 million purchase of the Hilton Times Square hotel in Midtown Manhattan.Sunstone, a San Clemente, Calif., REIT, bought the 444-room property from Forest City Ratner Cos.The hotel occupies the 21st through 44th floors ...

Moody's Investors Service has downgraded four classes of GE Commercial Mortgage Corp., 2004-C3 that are tied to a loan with exposure to the Hyatt Regency New Orleans Hotel.The 1,184-room property is one of three that back $95 million of debt ...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-127.3030.003.02AAAAaa+9swapsA-1D75.0030.003.02AAAAaaNAswapsA-2224.8030.004.90AAAAaa+25LiborA-3A197.0030.006.71AAAAaa+35swapsA-3B25.0030.006.82AAAAaa+35swapsA-SB140.0430.007.42AAAAaa+31swapsA-4775.1030.009.73AAAAaa+32swapsA-M239.8020.009.90AAAAaa+37swapsA-J152.8813.639.91AAAAaa+45swapsB23.9812.639.91AA+Aa1+47swapsC29.9811.389.91AAAa2+49swapsD23.9810.389.91AA-Aa3+52swapsE44.968.509.99AA2+60swapsF26.987.389.99A-A3+72swapsG32.976.009.99BBB+Baa1+103swapsH23.985.009.99BBBBaa2+120swapsJ26.983.889.99BBB-Baa3+175swapsK11.993.389.99BB+Ba1NAswapsL11.992.889.99BBBa2NAswapsM8.992.509.99BB-Ba3NAswapsN8.992.139.99B+B1NAswapsO6.001.889.99BB2NAswapsP9.001.509.99B-B3NAswapsQ35.97NA9.99NANANAswapsX-W*2,398.03NANAAAAAaaNATreas*Notional amount, interest onlyCollateral balance: $2,398.03 millionBookrunner(s): Banc of America Securities and Deutsche Bank Securities Inc.Lead Managers: Banc of America Securities and Deutsche Bank Securities Inc.Co-managers: Credit Suisse First Boston, J.P. Morgan Securities and Merrill LynchB-piece Buyer: ...

Strategic Hotel Capital Inc., which owns the 1,184-room Hyatt Regency New Orleans, said it expected that the "majority" of the damage and lost business at the property would be covered by its insurance policies.The Chicago investment firm said that it ...