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October 21, 2002Standard & Poor's has downgraded World Financial Properties Tower B Finance Corp., 1996-WFP-B, and World Financial Properties Tower D Finance Corp., 1996 WFP-D, to single-A-plus from double-A-minus.The ratings are dependent on the corporate credit rating of Merrill Lynch ...
September 27, 2001 NEW YORK – Moody's Investors Service has affirmed the ratings of the CMBS transactions secured by mortgages on two office buildings within downtown Manhattan's World Financial Center. World Financial Properties Tower B Finance Corp., 1996-WFP-B, was affirmed ...
September 20, 2001Commercial Real Estate Direct Staff ReportWhile the CMBS markets were buzzing about what could happen to investors in deals backed by debt on the World Trade Center and 7 World Trade Center, few were worried about bonds backed ...
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