Deal Name: Series 1999-STF1
Schrager Has Time to Line Up Debt for Clift Hotel
September 11, 2003 By Rhonda L. Lipschutz, Commercial Real Estate Direct Staff WriterHotelier Ian Schrager and his partner Northstar Capital Investment Corp. have been given time to negotiate the refinancing of the $57 million loan backing the Clift hotel in ...
Ian Schrager likely to Default on Clift Hotel Loan
The hotelier, who is already searching for debt to refinance four of his boutique hotels, is expected to default on the $57 million loan backed by San Francisco's Clift Hotel. The loan is the only remaining mortgage in a 1999 ...
Moody’s Downgrades DLJ 1999-STF1
July 25, 2002 NEW YORK – Moody's Investors Service has downgraded four classes of DLJ Commercial Mortgage Corp., 1999-STF1, because the transaction's collateral pool has deteriorated since origination.The rating agency had placed the four classes on review for possible downgrade ...
Moody’s Places 4 Classes of DLJ 1999-SFT1 on Watch
June 5, 2002 NEW YORK – Moody's Investors Service has put four classes of DLJ Commercial Mortgage Corp., 1999-STF1, on review for possible downgrade because its largest loan has been placed in special servicing.The four classes are the:– $17.9 million ...
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