389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Notes Greenwich Capital Commercial ...
Pittsburgh Tribune-Review McKnight Realty Partners is said to be acquiring the 102-year-old Henry W. Oliver Building in downtown Pittsburgh in a deed-in-lieu of foreclosure. The pending sale allows the owner, an affiliate of S.N. Phelps Realty, to avoid foreclosure and ...
Following is a list of recent downgrades by Moody's Investors Service: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Moody's New Rating Moody's Old Rating Reason for Rating Action ...
By Anita Nolan, Commercial Real Estate Direct Staff WriterThe strength of downtown Pittsburgh's office market, in terms of vacancy and rents, has resulted in increased investment-sales activity.Four large office buildings or complexes, containing close to 13 percent of the market's ...
Pittsburgh Business TimesGrubb & Ellis is marketing for sale the historic Henry W. Oliver Building with 471,000 square feet in downtown Pittsburgh. The 100-year-old property backs $29.7 million of debt that is securitized through Commercial Mortgage Asset Trust, 1999-C2. The ...
By John Covaleski, Commercial Real Estate Direct Staff WriterA venture that includes Pennsylvania REIT has lined up $24.9 million of fresh debt, allowing it to refinance a mortgage that matured in May on a 463,000-square-foot shopping center in Lancaster, Pa.The ...
Expected losses from loans in special servicing have prompted Moody's Investors Service to place nine classes of Commercial Mortgage Asset Trust, 1999-C2, on review for possible downgrade. A total of nine loans with a balance of $53.8 million are with ...
Moody's Investors Service has downgraded three classes of LB Commercial Mortgage Trust 1999-C2, because of losses from loans in special servicing. The ratings agency has downgraded the deal's: - $9.8 million class L to Caa1 from B2; - $2.7 million class M ...
Moody's Investors Service has downgraded two classes of GMAC Commercial Mortgage Securities Inc., 1999-C2, because of losses. The transaction so far has been hit with $18.2 million of losses from the liquidation of seven collateral loans. One loan remains in ...
Moody's Investors Service recently downgraded the $8.7 million class N of Prudential Securities Secured Financing, 1999-C2, to Caa1 from B3, because of losses. The transaction has so far seen seven loans get liquidated, resulting in $4.9 million in losses. Another ...
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