Deal Name: ML-CFC Commercial Mortgage Trust

Commercial Real Estate Direct Staff Report The $59.4 million CMBS loan against the 105,000-square-foot Galt Ocean Marketplace in Fort Lauderdale, Fla., and Plaza Del Mar, with 102,715 sf in Manalapan, Fla., has transferred to special servicing again. The loan, securitized ...

Metropolitan Life Insurance Co. has provided $150 million of mortgage financing against Tower 45, a 458,446-square-foot office property at 120 West 45th St. in midtown Manhattan. The 10-year loan, arranged by Estreich & Co., helped fund Abraham Kamber & Co.'s ...

Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes LB-UBS Commercial Mortgage ...

The modification of the $317 million of CMBS financing against a portfolio of 56 apartment properties that had been owned by Empire American Holdings also might effectively forgive some $62 million of servicer advances and appraisal subordinate entitlement reductions. The ...

Commercial Real Estate Direct Staff Report The Chetrit Group has acquired a portfolio of 56 apartment properties with 5,400 units in a complex transaction that involved the modification and assumption of what had been $317 million of seriously delinquent CMBS ...

SL Green Realty Corp. has struck a deal to sell an office building and a stake in a retail/loft property in Manhattan. The New York REIT has agreed to sell the 440,000-square-foot office building at 120 West 45th St. in ...

Beacon Capital Partners is offering for sale 230 Congress St., a 152,259-square-foot office building in Boston's Financial District. The Boston investment manager has hired JLL to market the 12-story property, which could sell for $80 million, or about $526/sf. The ...

American Hotel Income Properties REIT has agreed to pay $30.8 million for three select-service hotels in Ocala, Fla. The properties are the 96-room Fairfield Inn & Suites, at 4101 Southwest 38th Court; the 169-room Courtyard by Marriott at 3712 Southwest ...

Freddie Mac has launched the securitization of the $878 million loan it provided against Los Angeles' Park La Brea apartment complex. The transaction, FREMF, 2015-KPLB, would be the largest single-asset deal done under Freddie's K-series of securitizations. Lead managers are ...

The Real Deal SL Green Realty Corp. is offering for sale the 460,000-square-foot Tower 45 office building in midtown Manhattan. The 40-story building, at 120 West 45th St. between Sixth Avenue and Broadway, could sell for more than $350 million. ...