Deal Name: GS Mortgage Securities Corp. II

Commercial Real Estate Direct Staff Report The CMBS financing against a portfolio of Long Island, N.Y., office properties owned by a venture of TIAA-CREF and RXR Realty Corp. has transferred to special servicing because it's expected to default at its ...

Commercial Real Estate Direct Staff Report The $165.6 million CMBS loan against the Computer Associates headquarters property in Islandia, N.Y., has been modified, with its term extended through October 2020. The loan, securitized through GS Mortgage Securities Corp., 2006-GG8, had ...

Commercial Real Estate Direct Staff Report The venture led by Ratkovich Co. that owns the Alhambra mixed-use complex in suburban Los Angeles is close to completing a recapitalization of the 846,541-square-foot property that would result in its $130 million CMBS ...

Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingKroll RatingS&P Pricing % Yield% Final Pricing (bp) Bnch mark A-1 31.82 30.00 2.83 Aaa AAA AAA   99.998 1.722 +32 swaps A-2 201.52 30.00 4.90 Aaa AAA AAA   ...

A Goldman Sachs fund provided $320 million of floating-rate financing as part of the recapitalization of four Manhattan hotels that previously were owned by a venture of Pebblebrook Hotel Trust and Denihan Hospitality Group. The financing was arranged by RobertDouglas ...

  Commercial Real Estate Direct Staff Report A total of 351 CMBS loans with a balance of $8.6 billion that mature next year had defaulted at one point or another, but became performing once again, according to analysis by Kroll ...

Commercial Real Estate Direct Staff Report Pebblebrook Hotel Trust and Denihan Hospitality Group have effectively swapped interests in six Manhattan hotels, ending their five-year relationship. Pebblebrook, a Bethesda, Md., REIT, earlier this year had earmarked the portfolio for possible sale ...

Commercial Real Estate Direct Staff Report Plagued by a chronic shortfall in cash flow from its collateral, the $270.4 million CMBS loan against a portfolio of six New Jersey office properties is expected to default at its February 2017 maturity. ...

Commercial Real Estate Direct Staff Report One Seneca Tower, the 850,500-square-foot office building in Buffalo, N.Y., formerly known as One HSBC Center, has been sold to Douglas Development, generating $14.4 million of gross proceeds. The transaction resulted in a loss ...

Commercial Real Estate Direct Staff Report The CMBS trusts that hold a $259 million mortgage against nine office buildings at the Fair Lakes Court office complex in Fairfax, Va., has taken the collateral in a deed-in-lieu of foreclosure. CD 2006-CD3 ...