Deal Name: ML-CFC Commercial Mortgage Trust

Commercial Real Estate Direct Staff Report C-III Asset Management, acting as special servicer for ML-CFC Commercial Mortgage Trust, 2006-4, is offering for sale 1600 Corporate Center, an office building with 254,448 square feet in Rolling Meadows, Ill. The suburban Chicago ...

Commercial Real Estate Direct Staff Report The sale of the 333,679-square-foot Sahara Pavilion North retail property in Las Vegas for $33 million resulted in a loss of $37.2 million to the CMBS trust that held a $56.3 million loan against ...

Commercial Real Estate Direct Staff Report The $775 million CMBS loan against the Park La Brea apartment complex in Los Angeles that was retired with proceeds from a Freddie Mac loan was prepaid with a $37.2 million yield-maintenance fee. The ...

HFF has written an $878 million Freddie Mac mortgage against Park La Brea, a 4,245-unit apartment complex in Los Angeles. The loan, which likely will be securitized, perhaps in a single-asset deal, is the largest loan ever written by Freddie ...

Commercial Real Estate Direct Staff Report Phillips Edison Grocery Center REIT II Inc. has paid $19.4 million, or $152/sf, for the 127,586-square-foot Waterford Park Plaza shopping center in Plymouth, Minn. It assumed a $12.2 million mortgage that is securitized through ...

A group led by Joseph Daneshgar of 3D Investments has paid $33 million, or roughly $99/sf, for Sahara Pavilion North, a 333,679-square-foot retail property in Las Vegas that had served as collateral for a $56.3 million CMBS loan. The property ...

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 Banc of America Commercial ...

Commercial Real Estate Direct Staff Report The modified $37.5 million CMBS loan against the Cerritos Corporate Tower near Los Angeles has been transferred to special servicing again because it's expected to default. The loan, which was securitized via ML-CFC Commercial ...

The loan is securitized through ML-CFC Commercial Mortgage Trust, 2007-6, and is senior to another $1.57 million of mezzanine debt against the office and industrial portfolio, whose properties are in Indiana. It pays a 5.562 percent coupon and matures in ...

New York Post Pzena Investment Management is moving to 320 Park Ave. in Manhattan from 120 West 45th St., a 443,956-square-foot office building that backs $170 million of debt. It is the second largest tenant at 120 West 45th. The ...