Centerline Holding Co. has purchased $55 million of mezzanine loans and B-notes in three recent transactions.The New York investment manager acquired a $15.9 million mezzanine loan from JPMorgan, which provided a broader financing package for the construction of...

Capmark Finance Inc. has provided $113 million of financing for Market Street at Woodlands, a 496,000-square-foot mixed-use property in The Woodlands, Texas.The financing, which has a 10-year term and requires only interest payments during its first three years,...

Corus Bank is providing a $108.9 million construction loan for the Highgrove Condominium, a proposed 92-unit residential condo building in Stamford, Conn. The property is being developed by an affiliate of Ceebraid-Signal Corp., which provided a letter-of-credit as...

A partnership between Somera Capital Management and Rockwood Capital has completed its $145 million acquisition of University Mall, a 1.3 million-square-foot retail property in Tampa.The venture purchased the mall from Glimcher Realty Trust, a Columbus, Ohio, REIT.Glimcher placed...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-18.0030.003.40AAAAaa+19swapsA-1A894.6230.007.75AAAAaaNAswapsA-2320.0030.004.84AAAAaa+30swapsA-2FL110.0030.004.84AAAAaa+18LiborA-371.0030.006.80AAAAaa+40swapsA-AB21.7030.007.53AAAAaa+37swapsA-4568.3430.009.81AAAAaa+34swapsA-4FL170.0030.009.81AAAAaa+25LiborA-4B100.0030.009.81AAAAaaNAswapsA-M203.3820.009.89AAAAaa+38swapsA-MFL120.0020.009.89AAAAaa+28LiborA-J103.7911.759.89AAAAaa+45swapsA-JFL163.0011.759.89AAAAaa+35LiborB32.3410.759.89AA+Aa1+53swapsC32.349.759.89AAAa2+58swapsD28.308.8759.89AA-Aa3+66swapsE24.258.1259.89A+A1+73swapsF28.307.259.89AA2+83swapsG40.426.009.92A-NR+93swapsH36.384.8759.97BBB+NR+175swapsJ28.304.009.97BBBNR+225swapsK32.343.009.97BBB-NR+300swapsL20.212.375NABB+NRNATreasM12.132.00NABBNRNATreasN4.041.875NABB-NRNATreasP8.091.625NAB+NRNATreasQ8.081.375NABNRNATreasS8.081.125NAB-NRNATreasT36.380.00NANRNRNATreas*Notional amount, interest onlyCollateral balance: $3,233.79 millionBookrunner(s): Lehman BrothersLead Managers: Lehman BrothersCo-managers: CitigroupB-piece Buyer: Anthracite CapitalMaster Servicer: KeyCorp Real Estate Capital MarketsSpecial Servicer: Midland Loan ServicesTrustee: LaSalle BankOriginators: Lehman Brothers (100 percent)Number of Loans/Properties: 104/132Top-10...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchRatingDBRSFinalPricing (bp)BnchmarkA-193.7027.003.39AAAAAAAAA+12swapsA-1A287.9227.009.25AAAAAAAAANAswapsA-2279.3027.004.66AAAAAAAAA+24swapsA-3137.4027.006.57AAAAAAAAA+36swapsA-AB112.3027.006.35AAAAAAAAA+37swapsA-41,077.0727.009.77AAAAAAAAA+34swapsA-M172.2917.009.90AAAAAAAAA+37swapsA-MFL100.0017.009.90AAAAAAAAA+26LiborA-J190.6010.009.95AAAAAAAAA+44swapsB54.468.0010.10AAAAAA+58swapsC30.636.87513.69AA-AA-AAlow+64swapsD30.635.7514.61AAA+80swapsE23.834.87514.61A-A-Alow+90swapsF23.834.0014.61BBB+BBB+BBBhigh+155swapsG30.632.87514.61BBBBBBBBB+195swapsH23.832.0014.61BBBBBBBBBlowNAswapsJ-P54.46-----NATreasX2,722.87*NANAAAAAAAAAANATreas*Notional amount, interest onlyCollateral balance: $2,722.87 millionBookrunner(s): Morgan Stanley, Bear StearnsLead Managers: Morgan Stanley, Bear StearnsB-piece Buyer: Centerline CapitalMaster Servicer: Wells Fargo BankSpecial Servicer: Centerline Servicing Inc.Trustee: LaSalle BankOriginators: Bear Stearns (40.4 percent), Morgan Stanley...

ING Clarion Partners has teamed with Harvest Properties of Emeryville, Calif., to buy Tech Park at North Canyons, a 145,000-square-foot office/flex property in San Francisco's East Bay area for $21.5 million.The Tech Park property is in the Tri-Valley...

Corus Bank is providing a $108.9 million construction loan for the Highgrove Condominium, a proposed 92-unit residential condo building in Stamford, Conn. The property is being developed by an affiliate of Ceebraid-Signal Corp., which provided a letter-of-credit as...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-18.0030.003.40AAAAaa+19swapsA-1A894.6230.007.75AAAAaaNAswapsA-2320.0030.004.84AAAAaa+30swapsA-2FL110.0030.004.84AAAAaa+18LiborA-371.0030.006.80AAAAaa+40swapsA-AB21.7030.007.53AAAAaa+37swapsA-4568.3430.009.81AAAAaa+34swapsA-4FL170.0030.009.81AAAAaa+25LiborA-4B100.0030.009.81AAAAaaNAswapsA-M203.3820.009.89AAAAaa+38swapsA-MFL120.0020.009.89AAAAaa+28LiborA-J103.7911.759.89AAAAaa+45swapsA-JFL163.0011.759.89AAAAaa+35LiborB32.3410.759.89AA+Aa1+53swapsC32.349.759.89AAAa2+58swapsD28.308.8759.89AA-Aa3+66swapsE24.258.1259.89A+A1+73swapsF28.307.259.89AA2+83swapsG40.426.009.92A-NR+93swapsH36.384.8759.97BBB+NR+175swapsJ28.304.009.97BBBNR+225swapsK32.343.009.97BBB-NR+300swapsL20.212.375NABB+NRNATreasM12.132.00NABBNRNATreasN4.041.875NABB-NRNATreasP8.091.625NAB+NRNATreasQ8.081.375NABNRNATreasS8.081.125NAB-NRNATreasT36.380.00NANRNRNATreas*Notional amount, interest onlyCollateral balance: $3,233.79 millionBookrunner(s): Lehman BrothersLead Managers: Lehman BrothersCo-managers: CitigroupB-piece Buyer: Anthracite CapitalMaster Servicer: KeyCorp Real Estate Capital MarketsSpecial Servicer: Midland Loan ServicesTrustee: LaSalle BankOriginators: Lehman Brothers (100 percent)Number of Loans/Properties: 104/132Top-10...

JPMorgan Chase Bank has extended the term of a $53 million mortgage on the Ridgeway shopping center, one of the largest open-air retail centers in Fairfield County, Conn.The loan, which was slated to mature this coming December, has...

Centerline Holding Co. has purchased $55 million of mezzanine loans and B-notes in three recent transactions.The New York investment manager acquired a $15.9 million mezzanine loan from JPMorgan, which provided a broader financing package for the construction of...

Capmark Finance Inc. has provided $32.1 million of interim financing for 250 Brannan St., a 90,348-square-foot office building in San Francisco.The property was recently purchased by Pat Broe, a Denver railroad tycoon, for $31 million. It is completely...

Prime Property Investors has paid roughly $20 million for a portfolio of Midwestern student-housing properties totaling 570 beds.The Northbrook, Ill., firm purchased the three-property portfolio from an undisclosed seller. The portfolio consists of a property near the Indiana...

Antares Investment Partners has paid $87 million for two office properties totaling 305,000 square feet, along with a 70-slip marina, in Stamford, Conn. The Greenwich, Conn., investment firm purchased the properties from Seaboard Partners Inc. of Stamford, which...

Capmark Finance Inc. has provided $67.5 million of financing for 250 S. Wacker Drive, a 265,000-square-foot office building in downtown Chicago.The financing funded the $60 million purchase of the 16-story property by an affiliate of AEW Capital Management....

Commercial Real Estate Direct Staff ReportMonday Properties has received $567 million in financing for three Rosslyn, Va., office buildings with a combined 1.39 million square feet.The properties at 1000, 1100 and 1101 Wilson Blvd. are part of a portfolio...

Taberna Securities, an affiliate of RAIT Financial Trust of Philadelphia, has provided $60 million of unsecured financing to Vestin Realty Mortgage II Inc., a Las Vegas REIT that originates short-term commercial mortgages. The financing pays a fixed rate of...

JEMB Realty has lined up $60 million of financing for 150 Broadway, a 250,000-square-foot office building in New York.The New York real estate firm received the financing from Bank of America. It carries a fixed-rate and matures in...

CMBS bonds are selling at spreads not seen in years.The subprime residential mortgage headache that filtered into the CMBS market in February became a full-blown migraine yesterday as Federal Reserve Chairman Ben Bernanke warned that despite a widening...

National Commercial Ventures/CVI has paid $42.3 million for Loma Vista Apartments, a 402-unit complex in North Las Vegas, Nev.The Las Vegas firm purchased the property from American Capital Group, which marketed it through Marcus & Millichap.Loma Vista was...

Commercial Real Estate Direct Staff ReportA venture of Principal Real Estate Investors and Mermel & McLain Management has acquired 104 W. 40th St., a 210,000-square-foot office building in midtown Manhattan.The seller is believed to be a venture of...

Carlton Group arranged the complex series of transactions that allowed Metropolitan Real Estate Investors to buy 885 Third Ave., a 587,000-square-foot office building in midtown Manhattan.As reported, Metropolitan, which is led by investor Haim Revah, purchased a majority...

Commercial Real Estate Direct Staff ReportKurt Kaline, a long-time CMBS trader, has joined Winthrop Realty Partners as managing director to oversee the firm's investments in a wide range of real estate debt securities. Kaline, who most recently was...

MGP Real Estate has acquired the Collington Trade Center, a 200,365-square-foot industrial property in Upper Marlboro, Md.A purchase price was not disclosed. Industrial properties in Prince George's County, Md., are trading for $125/sf, according to data from Real...

Commercial Real Estate Direct Staff ReportMonday Properties has received $567 million in financing for three Rosslyn, Va., office buildings with a combined 1.39 million square feet.The properties at 1000, 1100 and 1101 Wilson Blvd. are part of a portfolio...