David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Deal Name: Morgan Stanley Bank of America Merrill Lynch Trust
A&P Bankruptcy to Impact Recently Priced CMBS Deal
Commercial Real Estate Direct Staff Report The Great Atlantic & Pacific Tea Co. filed for bankruptcy yesterday, marking its second such filing in five years. The Montvale, N.J., grocery chain, which operates stores under the Pathmark, A&P, Super Fresh and ...
INITIAL PRICING: Morgan Stanley Bank of America Merrill Lynch Trust, 2015-C23
Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingDBRS Pricing % Yield% Final Pricing (bp) Bnch mark A-1 45.80 30.00 2.87 Aaa AAA AAA 99.998 1.668 +38 swaps A-2 122.10 30.00 4.89 Aaa AAA AAA 102.996 2.320 +48 ...
Manhattan’s 32 Old Slip Gets Recapitalized
Commercial Real Estate Direct Staff Report The 36-story building at 32 Old Slip near Manhattan's southern tip has been recapitalized. RXR Realty, which had acquired the 1.1 million-square-foot building last year for $675 million, sold the land beneath it to ...
Clarion Funded $25Mln Mezz Loan Against Manhattan Hilton Garden Inn
Clarion Partners provided $25 million of mezzanine financing against the 401-room Hilton Garden Inn at 237 West 54th St. in midtown Manhattan. The loan is subordinate to $175 million of financing, a $75 million senior portion of which comprises the ...
INITIAL PRICING: Morgan Stanley Bank of America Merrill Lynch Trust, 2015-C22
Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingKroll Pricing % Yield% Final Pricing (bp) Bnch mark A-1 55.10 30.00 2.78 Aaa AAA AAA 99.999 1.417 +36 swaps A-2 66.50 30.00 4.92 Aaa AAA AAA 102.997 2.083 +55 ...
INITIAL PRICING: Morgan Stanley Bank of America Merrill Lynch Trust, 2015-C21
Class Amt $mln Sub Level% Avg Life (yrs) RatingMoody's RatingFitch RatingDBRS Pricing % Yield% Final Pricing (bp) Bnch mark A-1 33.40 30.00 2.76 Aaa AAA AAA 99.998 1.531 +37 swaps A-2 25.00 30.00 4.89 Aaa AAA AAA 102.997 2.271 +62 ...
Pru Loan Against Washington, D.C., Office Pays 3.65 Percent
Commercial Real Estate Direct Staff Report The $115 million mortgage that Prudential Insurance Co. of America provided against City Center, a 350,787-square-foot office building at 1401 H St. NW in Washington, D.C., pays a rate of 3.65 percent. The loan ...
Year’s First Conduits See Tiering Based on Rating Agencies
Commercial Real Estate Direct Staff Report The year's first three CMBS conduit deals priced over the past five days at levels comparable to those reached by the last deals of last year. Their last-cash flow AAA bonds priced between 91 ...
INITIAL PRICING: Morgan Stanley Bank of America Merrill Lynch Trust, 2015-C20
Class Amt $mln Sub Level% Avg Life (yrs) RatingDBRS RatingMoody's RatingMStar Pricing % Yield% Final Pricing (bp) Bnch mark A-1 55.50 30.00 2.80 AAA Aaa AAA 99.998 1.390 +38 swaps A-2 74.70 30.00 4.83 AAA Aaa AAA 102.997 2.122 +66 ...
INITIAL PRICING: Morgan Stanley Bank of America Merrill Lynch Trust, 2014-C19
Class Amt $mln Sub Level% Avg Life (yrs) RatingDBRS RatingKroll RatingMoody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 50.90 30.00 2.82 AAA AAA Aaa 99.998 1.557 +38 swaps A-2 293.60 30.00 4.84 AAA AAA Aaa 102.996 2.431 +70 ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
