Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionAsset Securitization Corp., 1997-MD VII32.5499.6A-326.7AaaBaa1Full defeasanceGE Capital Commercial Mortgage Corp., 2001-2797.41,000.0C45.1AaaAa1Increased subordination; defeasance (23.2 percent of pool)---D12.5Aa2Aa3----E10.0Aa3A2----F18.8A3Baa2----G11.3Baa1Baa3-GE Capital Commercial Mortgage Corp., 2002-1910.21,000.0D16.9AaaAa2Defeasance (25.2 percent of pool)---E10.4Aa1Aa3----F13.0Aa3A2----G18.2A3Baa2----H10.4Baa1Baa3-First Union ??" Bank of America Commercial...

BioMed Realty Trust has paid $16.5 million for Pacific Corporate Park, a 66,745-square-foot office and research complex in the San Diego suburb of Sorrento Mesa, Calif.The San Diego REIT purchased the two-building complex from a venture between the...

Commercial Real Estate Direct Staff ReportThe Radisson Denver Southeast, a 479-room hotel in Aurora, Colo., is being offered for sale.The property, constructed during the 1980s, is owned by Malaga LLC, a Denver-area opportunistic investor that had acquired it...

Moody's Investors Service has downgraded two classes of Credit Suisse First Boston Mortgage Securities Corp., 2001-CK3, because of losses. The transaction has so far suffered $21.2 million of losses, and while no loans are in special servicing, 24...

Starwood Hotels & Resorts Worldwide yesterday priced a $400 million issue of senior unsecured notes through bookrunners JPMorgan Securities and Morgan Stanley.The White Plains, N.Y., company, which operates hotels under the St. Regis, W Hotels, Westin, Le Meridien,...

Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnMoody'sNewRatingMoody'sOldRatingReason for Rating ActionAsset Securitization Corp., 1997-MD VII32.5499.6A-326.7AaaBaa1Full defeasanceGE Capital Commercial Mortgage Corp., 2001-2797.41,000.0C45.1AaaAa1Increased subordination; defeasance (23.2 percent of pool)---D12.5Aa2Aa3----E10.0Aa3A2----F18.8A3Baa2----G11.3Baa1Baa3-GE Capital Commercial Mortgage Corp., 2002-1910.21,000.0D16.9AaaAa2Defeasance (25.2 percent of pool)---E10.4Aa1Aa3----F13.0Aa3A2----G18.2A3Baa2----H10.4Baa1Baa3-First Union ??" Bank of America Commercial...

  Deal NameCurrentPoolBal. $mlnOrig.PoolBal $mlnClassSize$mlnS&PNewRatingS&POldRatingReason for Rating ActionLB-UBS Commercial Mortgage Trust, 2000-C4782.0999.1D12.5AAAAA+Defeasance (33 percent of pool)---E7.5AA+AA-Banc of America Large Loan Inc., 2004-BBA4104.4912.3D16.9AAAAA+Increased subordination---E16.9AAAAA----F15.5AAAAA-----G15.1AA+A----H9.4A+A--GE Commercial Mortgage Corp., 2004-C31,301.31,871.5SHP-15.0AAABBB-Full defeasance of collateral loan---SHP-210.4AAABB+----SHP-33.4AAABB+----SHP-413.4AAABB- 

BioMed Realty Trust has paid $16.5 million for Pacific Corporate Park, a 66,745-square-foot office and research complex in the San Diego suburb of Sorrento Mesa, Calif.The San Diego REIT purchased the two-building complex from a venture between the...

Seagis Property Group has paid $36.1 million for the Flamingo Park of Commerce, a 278,000-square-foot office/warehouse complex in Miramar, Fla.The West Conshohocken, Pa., company, formed two years ago by former senior executives of Keystone Property Trust, now owns...

An affiliate of Seaboard Properties has purchased One Atlantic St., an 81,491-square-foot property with office and retail space in Stamford, Conn.Seaboard, a Stamford investment firm that earlier in the summer sold two office properties in the city, along...

Henry S. Rogers, a 20-year veteran of Lawyers Title Corp., has joined Powell Goldstein as senior title attorney in its commercial real estate practice. Rogers was most recently vice president and area counsel for LandAmerica/Lawyers Title and was...

A private investment group has paid $21.5 million for 2544 and 2548 Campbell Place, a 95,000-square-foot office complex in the San Diego suburb of Carlsbad, Calif.The group, which operates as Moderna Del Mar LLC, purchased the two-building complex...

Gemini Real Estate Advisors has paid $53.2 million for the Diamond Run Mall, a 382,983-square-foot retail property in Rutland, Vt.The New York firm purchased the property on behalf of 35 tenant-in-common investors from Zamias Services, a Johnstown, Pa.,...

A story published earlier today, "Monday's $1.15Bln Manhattan Buy Faces Challenges," incorrectly identified the firm that sold 100 Wall St. and 237 Park Ave. in Manhattan and a portfolio of Rosslyn, Va., office buildings to Monday Properties. The...

A private investment group has paid $21.5 million for 2544 and 2548 Campbell Place, a 95,000-square-foot office complex in the San Diego suburb of Carlsbad, Calif.The group, which operates as Moderna Del Mar LLC, purchased the two-building complex...

Seagis Property Group has paid $36.1 million for the Flamingo Park of Commerce, a 278,000-square-foot office/warehouse complex in Miramar, Fla.The West Conshohocken, Pa., company, formed two years ago by former senior executives of Keystone Property Trust, now owns...

An affiliate of Seaboard Properties has purchased One Atlantic St., an 81,491-square-foot property with office and retail space in Stamford, Conn.Seaboard, a Stamford investment firm that earlier in the summer sold two office properties in the city, along...

Gemini Real Estate Advisors has paid $53.2 million for the Diamond Run Mall, a 382,983-square-foot retail property in Rutland, Vt.The New York firm purchased the property on behalf of 35 tenant-in-common investors from Zamias Services, a Johnstown, Pa.,...

Henry S. Rogers, a 20-year veteran of Lawyers Title Corp., has joined Powell Goldstein as senior title attorney in its commercial real estate practice. Rogers was most recently vice president and area counsel for LandAmerica/Lawyers Title and was...

A story published earlier today, "Monday's $1.15Bln Manhattan Buy Faces Challenges," incorrectly identified the firm that sold 100 Wall St. and 237 Park Ave. in Manhattan and a portfolio of Rosslyn, Va., office buildings to Monday Properties. The...

KBS REIT has paid $45.8 million for Plano Corporate Center I and II, a 308,038-square-foot office complex in suburban Dallas.The property, on 20 acres at 2201 and 2301 West Plano Parkway in Plano, Texas, was purchased from a...

BPG Properties Ltd. has acquired a 196,431-square-foot office park in Tampa, Fla., for $24.5 million from Eola Capital.The eight-building property, Bay West Commerce Park on 15 acres along West Cyprus Street in Tampa's Westshore area, is 65 percent...

Commercial Real Estate Direct Staff ReportCommercial mortgage lenders are said to be sitting on a substantial pile of B-notes that could have fallen substantially in value.But because those notes are still performing as expected, few are said to...

FirstService Corp., which has been expanding its presence in the United States commercial real estate sector, has acquired an 80 percent stake in Meredith & Grew of Boston, a major player in New England.FirstService, which is headquartered in...

BPG Properties Ltd. has acquired a 196,431-square-foot office park in Tampa, Fla., for $24.5 million from Eola Capital.The eight-building property, Bay West Commerce Park on 15 acres along West Cyprus Street in Tampa's Westshore area, is 65 percent...