Deal Name: ML-CFC Comm Mtg Trust 2006-3
$242.9Mln CMBS Loan Against Hotel Portfolio Moved to Special Servicing
Commercial Real Estate Direct Staff Report A $242.9 million CMBS loan against a portfolio of six hotels with 1,473 rooms owned by a venture led by Atrium Hotels Management has been transferred to special servicing. The loan is the largest ...
Fitch Downgrades JPMCC 2007-CB20, MLCFC 2006-3, JPMCC 2005-LDP4, BSCMS 2005-PW10 and CWCI 2007-C2
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 JPMorgan Chase Commercial Mortgage ...
Fitch Downgrades PMCF 2001-ROCK, MLCFC 2006-3, JPMCC 2001-CIBC and BSCMS 2003-T10
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 Prudential Mortgage Capital Funding ...
Fitch Downgrades 4 Classes of ML-CFC 2006-3
Fitch Ratings has downgraded four classes of ML-CFC Commercial Mortgage, 2006-3, due to losses from two loans in special servicing.The loans were backed by apartment properties in Texas that were owned by MBS Cos., of Metaire, La., which threw them ...
Moody’s Downgrades 5 Classes of ML-CFC 2006-3
Moody's Investors Service has downgraded five classes of ML-CFC Commercial Mortgage Trust, 2006-3, due to a decline in the deal's overall performance. A total of 23 loans with a balance comprising 5.2 percent of the deal's collateral pool are on ...
CMBS Market Sees Explosive Volume; Spreads Stay Stable
Commercial Real Estate Direct Staff ReportA total of $16 billion of domestic CMBS priced last week. On top of that, some $6 billion of bonds were offered through bid lists on the secondary market. The bulk of the trading took ...
FINAL PRICING: $2.4Bln ML-CFC Commercial Mortgage Trust, 2006-3
ClassAmt$mlnSubLevel%AvgLife (yrs)RatingFitchRatingMoody'sFinalPricing (bp)BnchmarkA-166.5830.002.95AAAAaa+6swapsA-2163.0030.004.95AAAAaa+15swapsA-334.0030.006.79AAAAaa+25swapsA-SB118.0030.007.176AAAAaa+24swapsA-4971.7830.009.74AAAAaa+25swapsA-1A344.1630.009.17AAAAaaNAswapsA-M242.5020.009.95AAAAaa+29swapsA-J190.9712.1259.95AAAAaa+32swapsB48.5010.1259.95AAAa2+36swapsC18.199.3759.95AA-Aa3+39swapsD48.507.3759.95AA2+46swapsE21.226.509.95A-A3+52swapsF36.385.0010.02BBB+Baa1+70swapsG24.254.0010.04BBBBaa2+80swapsH21.223.12510.04BBB-Baa3+105swapsJ12.132.625 BB+Ba1NAswapsK6.062.375 BBBa2NAswapsL9.092.00 BB-Ba3NAswapsM6.061.75 B+B1NAswapsN6.061.50 BB2NAswapsP3.031.375 B-B3NAswapsQ33.350.00 NRNRNAswapsXC31.00*NANAAAAAaa+150TreasXP73.00*NANAAAAAaa+71Treas*Notional amount, interest onlyCollateral balance: $2,425.02 millionBookrunner(s): Merrill Lynch, Countrywide SecuritiesLead Managers: Merrill Lynch, Countrywide SecuritiesCo-managers: PNC Capital Markets, Goldman Sachs, Morgan StanleyB-piece Buyer: ING ClarionMaster Servicer: Midland Loan Services, Capmark FinanceSpecial Servicer: ING Clarion PartnersTrustee: LaSalle ...
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