Deal Name: Wachovia Bank Comm Mtg Trust
Moody’s Downgrades 3 Classes of Wachovia 2006-WHALE 7
Moody's Investors Service has downgraded three classes of Wachovia Bank Commercial Mortgage Trust, 2006-WHALE 7, that are tied to a pair of loans on properties that have seen a decline in performance. The rating agency downgraded the deal's : - ...
Moody’s Downgrades 1 Class of Wachovia 2006-WHALE7, Watches 3 Others
Moody's Investors Service has downgraded the $3.3 million class WA of Wachovia Bank Commercial Mortgage Trust, 2006-WHALE 7, to Ba3 from Ba1, and placed three other classes under review for possible downgrades because of performance issues at certain collateral properties. ...
Moody’s Downgrades 1 Class of Wachovia 2005-WHALE 6
Moody's Investors Service has downgraded the $32.8 million class K of Wachovia Bank Commercial Mortgage Trust, 2005-WHALE 6, to Ba2 from Baa3 because of the weak performance of two of the deal's three remaining collateral loans. The rating agency had ...
S&P Downgrades 1 Class; Upgrades 5 of Wachovia 2005-WHALE6
Standard & Poor's has downgraded the $32.8 million class K of Wachovia Bank Commercial Mortgage Trust, 2005-WHALE 6 to BB from BBB- because of issues impacting two of the deal's four remaining collateral loans. The two loans are: a $40 ...
Karasick Offers 3Mln-SF Office Portfolio
Groups led by Mark Karasick have placed three trophy office buildings totaling roughly 3 million square feet on the sales block. The portfolio consists of One HSBC Center, with 1.2 million-sf in Buffalo, N.Y., One Metropolitan Square, a 1.1 million-sf ...
Fitch Reviews Class of Wachovia 2006-WHALE7
Fitch Ratings has placed the A rating of the $3.3 million class WA of Wachovia Bank Commercial Mortgage Trust, 2006-WHALE7, on rating watch negative.The action was prompted by the transfer of a $100 million loan on the Westin Aruba Resort ...
$230Mln Mortgage on Westin Aruba Defaults
The owner of the 478-room Westin Aruba Resort and Spa has missed the latest scheduled payment on a $230 million mortgage. The action has prompted Moody's to review a junior class of a CMBS deal for a possible downgrade. Petra ...
Tishman Offers 4000 MacArthur Blvd. in Newport Beach, Calif.
Commercial Real Estate Direct Staff Report Tishman Speyer Properties is offering for sale 4000 MacArthur Blvd., a 373,000-square-foot office complex in the Orange County, Calif., town of Newport Beach.The New York real estate firm is offering the two-building property, which ...
MOODY’S CMBS UPGRADES
Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionPrudential Mortgage Capital Co. II, PRU-HTG 2000-C1230.5243.9D27.1AaaAa2Full defeasance of collateral---E27.1AaaA3----F8.5AaaBaa1-Wachovia Bank Commercial Mortgage Trust, 2005-WHALE6331.21,300.0B38.3AaaAa1Increased subordination---C35.5AaaAa2----D30.1AaaAa3----E27.3AaaA1----F24.6Aa1A2----G24.6Aa3A3----H24.6A3Baa1-JPMorgan Chase Commercial Mortgage Securities Corp., 2003-CIBC71,400.01,470.0FS-113.2Aa2A1Improved performance of Forum Shops---FS-213.1Aa3A2----FS-313.0A1A3----FS-444.5A3Baa2-JPMorgan Chase Commercial Mortgage Securities Corp., 2004-C1948.41,000.0B27.4Aa1Aa2Increased subordination; defeasance ...
Pritzker Taps Eastdil to Offer Chicago’s Hyatt Center, Could Fetch $600Mln
Pritzker Realty Group LP is offering for sale a significant stake in Hyatt Center, a 1.5 million-square-foot office building at downtown Chicago. The Chicago real estate firm, which is managed by Penny Pritzker, has tapped Eastdil Secured to market the ...
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