Deal Name: GS Mortgage Securities Corp. II

Moody's Investors Service has placed 13 classes of GS Mortgage Securities Corp. II, 2004-GG2, on review for possible downgrade due to expected losses from loans in special servicing.A total of six loans with a balance of $253 million are with ...

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 New Rating Fitch Old Rating Reason for Rating Action GS ...

Crain's Chicago BusinessThe $393.7 million loan on the Grand Canal Shoppes at the Venetian in Las Vegas has been transferred to special servicing. The loan was provided to General Growth Properties, a Chicago REIT that today filed for Chapter 11 ...

Commercial Real Estate Direct Staff ReportThe securitized debt on the 640-unit Pointe South Mountain Resort in Phoenix was recently transferred to special servicing, marking the latest large loan to be shifted in recent days.Earlier, some $360 million of debt on ...

By Jeff Mordock, Commercial Real Estate Direct Staff Writer Affiliates of J. Grasso Holdings Inc. will soon offer for sale two historic office buildings totaling nearly 1.4 million square feet in Center City Philadelphia. The properties are the 885,000-square-foot Curtis ...

An affiliate of Younan Properties Inc. has acquired a $6.5 million B-note on an Orange County, Calif., office and retail property. The acquisition, from Rubicon Capital America LLC, is the latest by Younan Finance Group, which the Woodland Hills, Calif., ...

  Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln Moody'sNewRating Moody'sOldRating Reason for Rating Action DLJ Mortgage Acceptance Corp. 1997-CF2 57.4 661.9 B-2 8.8 Aaa A1 Increased subordination - - - B-3TB 5.1 A2 Ba1 - GS Mortgage Securities Corp. ...

  Deal Name CurrentPoolBal. $mln Orig.PoolBal $mln Class Size$mln Moody'sNewRating Moody'sOldRating Reason for Rating Action GMAC Commercial Mortgage Securities Inc., 2000-C1 710.6 879.9 E 30.8 Aaa A1 Increased subordination; defeasance (61.7 percent of pool). - - - F 15.4 A ...

Moody's Investors Services has downgraded the $28.2 million class G of GS Mortgage Securities Corp. II, 1998-GLII, to B1 from Ba1, due to a collateral loan's deteriorating performance. The loan, with a balance of $82.8 million, is backed by the ...

Commercial Real Estate Direct Staff Report The venture between Loeb Realty Partners and Deutsche Bank that bought two troubled hotels in New Orleans in August has assumed the properties' $83.3 million of securitized mortgage debt. The venture, which paid $93 ...