Deal Name: Morgan Stanley Capital I Inc.

Eurohypo and Aareal Capital Corp. have agreed to provide $180 million of financing for the 500-room Doubletree Times Square Hotel in Manhattan. Sunstone Hotel Investors Inc. owns the property. The loan replaces $270 million of senior and mezzanine financing that ...

Mesa West Capital has provided Savanna Partners $65.3 million of debt financing for 80 Broad St., a 417,000-square-foot office building in Manhattan's financial district. Savanna, a New York investment manager, used part of the financing proceeds to complete its purchase ...

South Florida Business Journal Kitson & Partners has acquired the $100 million of securitized debt against the Babcock Ranch development site in Punta Gorda, Fla. The company did not reveal the purchase price, but it's believed to have been a ...

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 COMM, 2006-FL12 2,885.7 4,570.3 ...

Crain's Chicago Business A venture led by Chartres Lodging Group is buying the 525-room Westin O'Hare near Chicago for about $53 million, or $100,952/room. The property at 6100 North River Road in Rosemont, Ill., had been owned by Ashford Hospitality ...

UBS Realty Investors paid $341 million for California State Teachers' Retirement System's 65 percent stake in 120 Broadway, a 1.8 million-square-foot office property in lower Manhattan, according to the Wall Street Journal. The newspaper, citing people familiar with the matter, ...

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 Bear Stearns Commercial Mortgage ...

LaSalle Hotel Properties has agreed to pay $405.5 million for the posh 934-room Park Central Hotel in midtown Manhattan. The Bethesda, Md., REIT is buying the property, at 870 Seventh Ave., from a venture led by Highgate Holdings, which purchased ...

Westdale Asset Management has acquired a 160,949-square-foot shopping center in Raleigh, N.C., for $24.7 million, which included the assumption of $21 million of securitized debt. Institutional investors advised by JPMorgan Asset Management sold the property, Wakefield Commons, whose assumed debt ...

Crain's Chicago Business In an attempt to stave off foreclosure proceedings against Chicago's Allerton Hotel, Petra Capital Management has toss the property into bankruptcy. The New York hedge-fund manager took the property in a foreclosure auction in June 2010. It ...