Deal Name: GS Mortgage Securities Corp. II

Two New Orleans hotels, whose securitized mortgage had fallen delinquent, have been sold for $93 million. The properties, Astor Crowne Plaza and Alexa Hotel, with a combined 707 rooms, were sold to a venture between Loeb Realty Partners and a ...

Commercial Real Estate Direct Staff Report Hines REIT has agreed to pay $87 million for 3 Huntington Quadrangle, a 407,731-square-foot office building in the Long Island, N.Y., community of Melville. The 36-year-old building was sold by an affiliate of AEW ...

Commercial Real Estate Direct Staff Report The volume of delinquent CMBS loans inched up in April to $2.26 billion from $2.21 billion the month before, according to Realpoint, largely because the forbearance agreement on an $83.7 million mortgage on a ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnS&PNewRatingS&POldRatingReason for Rating ActionCredit Suisse First Boston Mortgage Securities Corp., 2005-TFL3245.2494.9B21.0AAAAA+Increased subordination---C20.0AA+AA----D13.0AAAA-----E13.0AA-A+----F13.0A+A----G13.0AA-----H13.0A-BBB+----J15.0BBB+BBB-Credit Suisse First Boston Mortgage Securities Corp., 2001-CF2828.71,100.0C49.3AAAAA+Increased subordination; defeasance (29 percent of pool)---D10.9AA+AA----E16.4AAA+----F18.9AA-----G14.0A-BBB+----H16.4BBBBBB-----J21.9BB+BB-Commercial Mortgage Acceptance Corp., 1997-ML1515.4848.5C46.7AAAAAIncreased subordination---D46.7AA-BBB----E17.0A-BB+-Credit Suisse First Boston Mortgage Securities Corp., 2004-TFL270.0840.3G12.2AAAAIncreased ...

An investor group led by Mark Karasick has placed Buffalo's tallest building, One HSBC Center, on the sales block for the second time in six months. Midtown Commercial Real Estate is listing the 1.2 million-square-foot building and its 800-space parking ...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnS&PNewRatingS&POldRatingReason for Rating ActionGS Mortgage Securities Corp. II, 1998-C11,300.01,860.0D107.0AA+AADefeasance (25 percent of pool---E32.6AA--

  Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnS&PNewRatingS&POldRatingReason for Rating ActionBanc of America Large Loan Inc., 2001-FM269.7254.7B27.0AAAAAImproved collateral performance; decline in leverage---C30.9AAAA----D35.6AAABBB----E6.3AA+BBB--GS Mortgage Securities Corp. II, 2001-LIB401.6432.0B50.8AAAAADecline in leverage---C43.6AAAA----D11.6AAA-----E16.2AA-BBB+----F17.4A+BBB-Banc of America Commercial Mortgage Inc., 2003-21,683.11,871.6B56.7AAAAAIncreased subordination; defeasance (12 percent of pool)---C21.0AAAAA-----D44.1AA+A----E23.1AAA-----F21.0A+BBB+----G23.1A-BBB----H21.0BBB+BBB-----J18.9BBBBB+----K10.5BB+BB----HS-A6.4AA+A----HS-B8.2AAA-----HS-C8.2AA-BBB+----HS-D8.2A+BBB----HS-E20.8ABBB-----BW-A2.6A+BBB+----BW-B1.2ABBB----BW-C8.6A-BBB-----BW-D2.6BBB+BB+----BW-E3.5BBBBB+----BW-F3.1BBB-BB----BW-G3.0BB+BB----BW-H2.6BBBB-----BW-J2.6BB-B+----BW-K2.1B+B----BW-L3.5BB-- 

Standard & Poor's has upgraded nine classes of GS Mortgage Securities Corp. II, 2003-GSFL VI, because of improved subordination levels.The deal's balance is $484.7 million, compared with $1.1 billion at issuance. Only three loans remain in the collateral pool. They ...

Standard & Poor's has upgraded five classes of GS Mortgage Securities Corp. II, 2002-GSFLV, because of improved subordination levels.The deal's collateral balance is $155.7 million, compared with $512.4 million at issuance. And the deal has not suffered a loss. S&P ...

Fitch Ratings has upgraded four classes of Goldman Sachs Mortgage Securities II, 1998-C1, because of improved subordination levels and the fact that a big chunk of the deal has been defeased or replaced with government securities. The deal has a ...