Deal Name: Greenwich Capital Commercial Funding Corp.

Moody's Investors Service has downgraded two classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, due to performance issues related to the deal's remaining two loans. Southfield Town Center, a 2.1 million-square-foot office property in suburban Detroit that backs a $165 ...

Moody's Investors Service has downgraded two classes of Greenwich Capital Commercial Funding Corp., 2006-GG7, due to projected losses from loans in special servicing. Four loans, representing 3.8 percent of the pool, are in special servicing, and the rating agency expects ...

Fitch Ratings last month placed the $17.8 million class L of Greenwich Capital Commercial Funding Corp., 2006-FL4, which is rated BB+, under review for possible downgrade because a large collateral loan has defaulted. The loan, with a total balance of ...

Commercial Real Estate Direct Staff report A venture led by Tishman Speyer Properties is selling 885 Third Ave., a 587,000-square-foot office building in midtown Manhattan, for $647 million. SL Green Realty Corp. and Gramercy Capital Corp., both of New York, ...

A venture between JP Morgan Asset Management and Casto Lifestyle Properties has agreed to pay $219 million for Rookwood, a 753,110-square-foot mixed-use property in suburban Cincinnati. The property contains retail and office space and is being sold by Jeffrey R. ...

Parmenter Realty Partners has agreed to acquire One Financial Plaza, a 434,000-square-foot office building in downtown St. Louis, for $47 million. The Miami real estate firm is buying the 12-story building from Triple Net Properties, which marketed it through HFF ...

Deutsche Bank and Citigroup launched a $6.6 billion CMBS transaction, which would make it the largest ever, just eclipsing a recent deal led by RBS Greenwich Capital and Goldman Sachs. The deal's three largest loans total $1.1 billion.

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionCredit Suisse First Boston Mortgage Securities Corp., 2004-C41,110.01,140.0B39.8Aa1Aa2Defeasance (7.9 percent of pool); increased subordinationGreenwich Capital Commercial Funding Corp., 2004-GG12,500.02,600.0B61.8AaaAa2Defeasance (11 percent of pool)---C26.0Aa2Aa3----D52.0A1A2-

Moody’s Investors Service has downgraded two classes of Greenwich Capital Commercial Funding Corp., 2004-FL2, because cash flows on one of its two remaining collateral loans have been lower than expected.The rating agency placed three of the deal's classes under review ...

Commercial Real Estate Direct Staff ReportThe largest domestic CMBS deal ever priced today at tight spreads.The transaction, Greenwich Capital Commercial Funding Corp., 2007-GG9, comes in the middle of what is expected to be an extremely busy few weeks of CMBS ...