David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Tanger Factory Outlet Centers has agreed to buy two outlet centers from Cordish Associates for $200 million. The properties are the Walk in Atlantic City, N.J., which has 494,000 square feet, and the Ocean City Factory Outlets in Ocean City, ...
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 Bear Stearns Commercial Mortgage ...
Commercial Real Estate Direct Staff ReportAn $81 million mortgage on a portfolio of 14 flex-industrial buildings with 703,603 square feet within the Hughes Airport Center in Las Vegas has been moved to special servicing because it is expected to default ...
Commercial Real Estate Direct Staff ReportA $178.8 million CMBS loan backed by eight Embassy Suites hotels has been transferred to special servicing as a result of imminent default.The properties, with a total of 1,906 units in Washington, Oregon, Ohio, Michigan, ...
Hines Global REIT has completed its $97.9 million purchase of Hock Plaza, a 327,160-square-foot office building in Durham, N.C.The non-traded REIT, which as of early July had raised nearly $200 million of capital from investors, purchased the 12-story building from ...
Phoenix Business JournalBank of America is foreclosing on a $47.5 million loan against the Market Street at DC Ranch shopping center in Scottsdale, Ariz. DMC Commercial, a division of DMB Associates, defaulted on the loan against the community, which is ...
Commercial Real Estate Direct Staff ReportHines Global REIT has agreed to pay $98.3 million for Hock Plaza, a 327,160-square-foot office property in Durham, N.C.The price is $200,000 less than Brickman Associates paid to acquire the property in 2005 from Hock ...
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-169.9530.002.86AAAAaaNAswapsA-1A196.1830.008.86AAAAaaNAswapsA-2940.7430.004.82AAAAaa+17swapsA-352.8830.006.94AAAAaa+23swapsA-AB111.5030.007.23AAAAaa+22swapsA-41,598.7730.009.73AAAAaa+22swapsA-M424.2920.009.86AAAAaa+25swapsA-J302.3112.889.91AAAAaa+28swapsB26.5212.259.94AA+Aa1+32swapsC53.0411.009.94AAAa2+33swapsD37.1310.1259.94AA-Aa3+36swapsE37.139.259.94A+A1+40swapsF42.438.259.94AA2+43swapsG54.167.009.94A-A3+50swapsH48.755.8759.94BBB+Baa1+70swapsJ54.164.6259.94BBBBaa2+80swapsK43.333.6259.94BBB-Baa3+95swapsL26.523.009.94BB+Ba1swapsM15.912.6259.94BBBa2swapsN15.912.259.94BB-Ba3swapsO10.612.009.94B+B1swapsP10.611.759.94BB2swapsQ15.911.3759.94B-B3swapsS58.340.009.99NRNRswapsX-P NA AAAAaaTreasX-C4,242.88*NA AAAAaaTreas*Notional amount, interest onlyCollateral balance: $4,242.88 millionBookrunner(s): RBS Greenwich Capital, Goldman SachsLead Managers: RBS Greenwich Capital, Goldman SachsCo-managers: Banc of America Securities, Credit Suisse, Morgan Stanley, Wachovia Securities B-piece Buyer: CWCapitalMaster Servicer: Wachovia BankSpecial Servicer: CWCapital Asset ...
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchFinalPricing (bp)BnchmarkA-1102.0030.003.01AAAAAA+4swapsA-21,052.0030.004.72AAAAAA+18swapsA-375.6030.006.80AAAAAA+32swapsA-AB187.8030.007.46AAAAAA+28swapsA-41,001.4730.009.62AAAAAA+25swapsA-1A311.8030.007.49AAAAAANAswapsA-M390.1020.009.78AAAAAA+31swapsA-J292.5712.509.83AAAAAA+36swapsB19.5012.009.88AA+AA++40swapsC48.7610.759.88AAAA+41swapsD39.019.759.88AA-AA-+44swapsE29.269.009.88A+A++48swapsF43.897.889.88AA+51swapsG39.016.889.88A-A-+61swapsH39.015.889.88BBB+BBB++100swapsJ43.894.759.88BBBBBB+110swapsK43.863.639.88BBB-BBB-+165swapsL24.383.009.88BB+BB+NAswapsM14.632.639.88BBBBNAswapsN19.512.139.89BB-BB-NAswapsO4.882.009.96B+B+NAswapsP9.751.759.96BBNAswapsQ14.631.389.96B-B-NAswapsS53.640.009.96NRNRNAswapsX-P*3,810.55NA5.32AAAAAA+75TreasX-C*3,900.95NANAAAAAAANATreas*Notional amount, interest onlyCollateral balance: $3,900.95 millionBookrunner(s): RBS Greenwich Capital, Goldman SachsLead Managers: RBS Greenwich Capital, Goldman SachsCo-managers: Credit Suisse, Merrill Lynch, Morgan Stanley, Wachovia SecuritiesB-piece Buyer: ING ClarionMaster Servicer: Wachovia BankSpecial Servicer: ING ClarionTrustee: Wells FargoOriginators: ...
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