Fitch Ratings has upgraded bonds from two CMBS deals because of increased subordination levels.The rating agency has upgraded three classes of Banc of America Large Loans Inc., 2003-BBA2, which has a balance of $636.4 million compared to $1.6 billion at ...
May 2, 2005 Blackstone Real Estate Advisors has purchased the Rihga Royal, a 505 room hotel in midtown Manhattan.The opportunistic investor purchased the all-suites property for roughly $200 million from Thayer Lodging of Annapolis, Md., which had purchased it in ...
December 17, 2004 Fitch Ratings has downgraded the $3.8 million class J of Mortgage Capital Funding Inc., 1997-MC1, to single-D from single-C because of losses.The rating agency affirmed the deal's other classes. The deal's balance is $311.5 million, down from ...
October 7, 2004 Moody's Investors Service has upgraded four classes of Mortgage Capital Funding Inc., 1997-MC1, because subordination levels have improved. The rating agency upgraded the deal's: – $39.5 million class B to Aaa from Aa2;– $36.2 million class C ...
The upscale New York hotel, which like most other hotels has seen a decline in performance, could be in trouble. The talk is that its owners are in talks with its lenders over terms of its debt.
July 30, 2003 Fitch Ratings has upgraded three classes of Mortgage Capital Funding Inc., 1997-MC1, because subordination levels have increased due to loan payoffs and amortization.The rating agency upgraded the deal's:– $39.5 million class B to triple-A from double-A;– $36.2 ...
September 6, 2002 CHICAGO – Fitch has downgraded the $9.9 million class J in Mortgage Capital Funding, 1997-MC1, to single-C from triple-C and removed it from rating watch negative, where it was placed due to exposure to several loans of ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..