Deal Name: Morgan Stanley Capital I Inc.
Suburban Minneapolis HQ Property Sells for $52.125Mln; Gets $26.6Mln Loan
Virtus Real Estate Capital has paid $52.125 million, or $110.13/sf, for the UnitedHealth Group Optum Campus, a 473,325-square-foot office complex in the Minneapolis suburb of Eden Prairie, Minn. The Austin, Texas, investment manager, which pursues investments in niche properties, particularly ...
INITIAL PRICING: Morgan Stanley Capital I Trust, 2020-HR8
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating DBRS MStar Rating Moody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 11.10 30.00 3.03 AAA AAA Aaa 100.000 0.9209 +70 swaps A-SB 16.50 30.00 7.26 AAA AAA ...
INITIAL PRICING: Morgan Stanley Capital I Trust, 2020-L4
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating S&P Pricing % Yield% Final Pricing (bp) Bnch mark A-1 8.26 30.00 3.14 AAA AAA AAA 99.998 1.815 +40 swaps A-SB 15.08 30.00 7.47 AAA AAA AAA ...
Non-Traded REIT Pays $29.3Mln for 2 Hotels in Lubbock, Texas
Commercial Real Estate Direct Staff Report Lodging Fund REIT III Inc. has paid $29.3 million for two hotels with 201 rooms in Lubbock, Texas. The Fargo, N.D., company, which raises capital by selling its publicly registered common shares to accredited ...
INITIAL PRICING: Morgan Stanley Capital I Trust, 2019-L3
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating S&Ps Pricing % Yield% Final Pricing (bp) Bnch mark A-1 10.83 30.00 3.10 AAA AAA AAA 99.998 2.161 +45 swaps A-2 8.82 30.00 4.98 AAA AAA AAA ...
INITIAL PRICING: Morgan Stanley Capital I Trust, 2019-H7
Class Amt $mln Sub Level% Avg Life (yrs) RatingFitch RatingKroll RatingS&P Pricing % Yield% Final Pricing (bp) Bnch mark A-1 19.20 30.00 2.83 AAA AAA AAA 99.998 2.306 +48 swaps A-2 29.90 30.00 4.92 AAA AAA AAA 99.997 2.485 +65 ...
INITIAL PRICING: Morgan Stanley Capital I Trust, 2019-H6
Class Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating Kroll Rating S&Ps Pricing % Yield% Final Pricing (bp) Bnch mark A-1 18.00 30.00 2.76 AAA AAA AAA 99.998 2.237 +40 swaps A-2 21.10 30.00 4.82 AAA AAA ...
INITIAL PRICING: Morgan Stanley Capital I Trust, 2019-L2
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch RatingMStar RatingS&Ps Pricing % Yield% Final Pricing (bp) Bnch mark A-1 16.20 30.00 3.03 AAA AAA AAA 99.998 2.991 +40 swaps A-2 17.10 30.00 4.93 AAA AAA AAA 102.998 3.289 ...
Suburban Denver Medical-Office Building Sold for $26.6Mln
Colorado Real Estate Journal MBRE Healthcare has purchased the 64,568-square-foot Panorama Medical Center in Golden, Colo., a suburb of Denver, for $26.6 million, or $411.97/sf. An affiliate of LNR Partners sold the two-story building, at 660 Golden Ridge Road, in ...
INITIAL PRICING: Morgan Stanley Capital I Trust, 2018-H4
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch RatingKroll RatingS&P Pricing % Yield% Final Pricing (bp) Bnch mark A-1 19.10 30.00 2.96 AAA AAA AAA 99.999 3.299 +45 swaps A-2 32.90 30.00 4.97 AAA AAA AAA 102.998 3.510 ...
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