Deal Name: Greenwich Capital Commercial Funding Corp.

Fitch Ratings has placed 15 classes of Greenwich Capital Commercial Funding Corp., 2006-FL4, on rating watch negative due to three loans, with a balance of $102.1 million, that are in special servicing.Two loans were transferred to the special servicer, Wachovia ...

HTML clipboardFollowing is a list of recent downgrades by Moody's InvestorsService: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln Class Size $mln Moody's New Rating Moody's Old Rating Reason for Rating Action Credit Suisse First Boston Mortgage Securities ...

Boston GlobeThe mezzanine-debt holders on Boston's John Hancock Tower plan to auction the 1.8 million-square-foot office complex on March 31. The lenders, which include Normandy Real Estate Partners and Five Mile Capital Partners, have hired SL Green Realty Corp. to ...

Wall Street JournalSome of the holders of $472.2 million of mezzanine debt on Boston's John Hancock Tower are pushing for a foreclosure of the 1.8 million-square-foot trophy office complex. As reported, the mezzanine debt had its final maturity earlier this ...

A report in the Boston Herald says that Broadway Partners has "defaulted on a key loan payment" on the debt backed by its John Hancock Tower office property in Boston.The New York investment manager made the Dec. 12 mortgage payment ...

Inland American Real Estate Trust Inc. has agreed to pay $230 million for 55 Corporate Drive, a 670,000-square-foot office complex in Bridgewater, N.J., from a venture between SL Green Realty Corp. and its Gramercy Capital Corp. affiliate.The sales price results ...

Standard & Poor's has downgraded five classes of Greenwich Capital Commercial Funding Corp., 2007-GG9, due to credit concerns it has with a $15.2 million loan that is in special servicing.The loan backs a 164,034-square-foot office property in Clifton, N.J. It ...

By Jeff Mordock, Commercial Real Estate Direct Staff Writer A venture between Transwestern Investment Co. and Blackstone Group is offering for sale 1700 Market St., an 841,172-square-foot office building in Philadelphia.The venture has tapped the New York office of Jones ...

Younan Properties has agreed to pay $124 million for 180 N. LaSalle St., a 770,191-square-foot office building in Chicago.The Los Angeles investor has made a $5 million non-refundable deposit on the 38-story building and expects to complete its purchase by ...

Fitch Ratings has downgraded the $17.8 million class L of Greenwich Capital Commercial Funding Corp., 2006-FL4, to BB- from BB+, due to the poor performance of a $17 million collateral loan that backs the Galleria Sheraton Metairie in Metairie, La. ...