Deal Name: Series 1998-D6

BPG Properties Ltd. has paid $169.5 million for Park Center Plaza, a 600,000-square-foot office complex in downtown San Jose, Calif. The Philadelphia investment manager purchased the property on behalf of its BPG Investment Partnership VIII, from a venture between Divco ...

Commercial Real Estate Direct Staff ReportMission Capital Advisors is marketing a $12.7 million portfolio of foreclosed commercial mortgages.The New York loan-sales adviser expects to take indicative bids for the portfolio on April 25. It aims to complete a at least ...

Glimcher Realty Trust has paid off the $59.3 million of debt that was encumbering its University Mall, a 1.2 million-square-foot shopping center in Tampa that it had earmarked for sale earlier this year.The mortgage was part of the collateral pool ...

Vornado Realty Trust has purchased an option to buy the Springfield Mall, a 1.4 million-square-foot shopping center in suburban Washington, D.C.The Paramus, N.J., REIT paid $36 million for the option, which gives it the right to buy the mall for ...

Moody's Investors Service has upgraded four classes of Nomura Asset Securities Corp., 1998-D6, because of improved subordination levels. The deal's collateral balance is $3.3 billion, compared with $3.7 billion at issuance. In addition, 44 loans totaling 12.9 percent of the ...

June 29, 2005Standard & Poor's has upgraded five classes of Nomura Asset Securities Corp., 1998-D6, because of improved subordination levels. The deal's balance is $3.33 billion, compared to $3.72 billion at issuance. Another 6.3 percent of the deal has been ...

January 6, 2004 Fitch Ratings has upgraded four classes of Nomura Asset Securities Corp., 1998-D6, due to an increase in subordination levels from loan payoffs and amortization.Fitch upgraded the following classes:– $223.4 million class A-2 to triple-A from double-A;– $204.7 ...

November 18, 2003 Standard & Poor's has upgraded four classes of Nomura Asset Securities Corp., 1998-D6, because of improved subordination levels and the collateral pool's steady performance.The rating agency upgraded the deal's:– $223.4 million class A-2 to triple-A from double-A;– ...

September 5, 2002 NEW YORK – Moody's Investor Service has upgraded two classes of Nomura Asset Securities Corp, 1998-D-6, as a result of increased credit enhancements due to amortization.The $223.4 million class A-2 was upgraded to Aa1 from Aa2, and ...

December 6, 2001 Commercial Real Estate Direct Staff ReportA total of 23 CMBS transactions will be affected by the recent bankruptcy filing of House2Home, a retailer that was formerly known as Homebase, a home-improvement chain.The filing will result in the ...