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: Series 1998-1
Moody’s Upgrades 3 Classes of Fairfax Funding, 1998-1
Moody's Investors Service has upgraded three classes of Fairfax Funding Trust, 1998-1, because of the strong performance of the deal's collateral property.The transaction's balance is $21.9 million, compared with $19.4 million at issuance. It is backed by Fair Oaks Mall, ...
Moody’s Upgrades 3 Classes of NationsLink 1998-1
Moody's Investors Service has upgraded three classes of NationsLink Funding Corp., 1998-1, because of improved subordination levels.The deal's balance is $546.7 million, compared with $1 billion at issuance.The rating agency upgraded the deal's:- $56.1 million class C to Aaa from ...
S&P Upgrades 4 Classes of Chase 1998-1
October 8, 2004 Standard & Poor's has upgraded four classes of Chase Commercial Mortgage Securities Corp., 1998-1, because subordination levels have improved. The rating agency upgraded the deal's: – $32.7 million class B to triple-A from double-A-plus; – $49.1 million ...
PREIT Completes $111Mln Sale of Malls to Lightstone
September 28, 2004 Pennsylvania Real Estate Investment Trust (NYSE:PEI) has completed its $110.7 million sale of five shopping malls to Lightstone Real Estate Partners.PREIT said it would use the $108.5 million of net proceeds from the sale to pay down ...
Moody’s Upgrades 8 Classes of Chase 1998-1
September 8, 2004 Moody's Investors Service has upgraded eight classes of Chase Commercial Mortgage Securities Corp., 1998-1, because subordination levels have increased.The deal's collateral balance has been reduced to $660.2 million from $817.9 million at issuance, resulting in improved credit ...
Moody’s Upgrades 4 Classes of GE Capital 1998-1
July 23, 2004 Moody's Investors Service has upgraded the ratings of four classes of GE Capital Mall Finance Corp., 1998-1, because of a reduction in the collateral balance.The rating agency upgraded the deal's: – $51 million class A-3 to Aaa ...
PREIT Sells Five Malls for $110.7Mln; Swaps 2 in CMBS Deal
June 17, 2004 Pennsylvania Real Estate Investment Trust (NYSE:PEI) has agreed to sell five malls to Lightstone Real Estate Partners for $110.7 million.The five properties total 2.6 million square feet and are: Bradley Square Mall in Cleveland, Tenn.; Martinsburg Mall ...
Moody’s Upgrades 3 Classes of Criimi Mae 1998-1
June 8, 2004 Moody's Investors Service has upgraded three classes of Criimi Mae CMBS Corp., 1998-1, because of improved subordination levels.The deal's collateral balance has shrunk to $216.8 million from $495.8 million at issuance and it has suffered no losses.So ...
Fitch Upgrades 1 Class of Fairfax Funding Trust 1998-1
December 3, 2003 Fitch Ratings has upgraded the $19 million class B of Fairfax Funding Trust, 1998-1, to triple-A from double-A-plus due to the improving performance of the collateral.The transaction is backed by a $140 million interest-only mortgage on the ...
Moody’s Upgrades 3 Classes of NationsLink 1998-1
November 24, 2003 Moody's Investors Service has upgraded three classes of NationsLink Funding Corp., 1998-1, because subordination levels have increased as a result of loan payoffs and amortization.The rating agency upgraded the deal's:– $53.6 million class B to Aaa from ...
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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.
