Deal Name: Greenwich Capital Commercial Funding Corp.

Commercial Real Estate Direct Staff Report A $305 million mortgage against a portfolio of 36 industrial properties on Long Island, N.Y., that has been delinquent since late 2010, has been split into two notes as part of a modification. The ...

Crain's Chicago Business Tandem Development Group is negotiating with LNR Partners for new terms for $18 million of securitized debt against a 156,000-square-foot building in Schaumburg, Ill. The loan matured without payoff in December. LNR is special servicer for the ...

Commercial Real Estate Direct Staff Report A $107 million CMBS loan against a pair of Silicon Valley office properties has been modified, with its maturity extended by two years. The extension would give the properties' owner, DivcoWest, time to market ...

Maryland Gazette Blackwell I, a 121,011-square-foot office building in Rockville, Md., is slated to be sold at an upcoming foreclosure auction. The property, at 9601 Blackwell Road, backs a $33.13 million loan that's securitized through Greenwich Capital Commercial Funding Corp., ...

Bloomberg via Pacific Business News USBank has filed a lawsuit to stop the sale of a $34.9 million mezzanine loan against the Aston Waikiki Beach Hotel, with 716 rooms in Honolulu. The mezzanine loan is held by Petra CRE CDO, ...

Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes Morgan Stanley Capital I ...

Crain's Chicago Business Acadia Realty Trust is paying $31.5 million, or about $504/sf, for Lincoln Park Centre, a 62,500-square-foot retail property in Chicago's Lincoln Park area. The White Plains, N.Y., REIT is acquiring the property from Structured Development LLC, its ...

An investor group led by David Werner has paid $143.5 million, or $170.60/sf, for 1700 Market St., an 841,172-square-foot office building in Philadelphia's central business district, which is commonly referred to as Center City. The investor group bought the 32-story ...

Washington REIT has completed its $73.5 million, or $330/sf, purchase of 8283 Greensboro Drive, a 223,000-square-foot office building in Tysons Corner, Va. The Rockville, Md., REIT assumed $54.1 million of financing on the property. That debt is securitized through Greenwich ...

A venture of Five Mile Capital Partners and Westmont Hospitality Group has acquired 143 Red Roof Inn hotels with nearly 17,000 rooms through its purchase of $708 million of debt against the properties. The acquisition, said to have been for ...