McEagle Properties LLC is developing a massive mixed-use property valued at about $750 million in the St. Louis suburb of Shiloh, Ill. The O'Fallon, Mo., firm is developing the 586-acre Village of Shiloh complex east of Green Mount...

Security Properties Inc. has paid $49 million for the Sonoran Vista Apartments, a 264-unit apartment complex in Scottsdale, Ariz.The Seattle firm purchased the property from an undisclosed seller. It funded the acquisition with $40 million of financing provided...

A venture that includes Westbrook Partners has sold a 407-room Marriott hotel in Bethesda, Md., for $92.1 million. A buyer was not identified.Westbrook's venture with Northview Hotel Group had recently completed $13.5 million of capital improvements to the...

JBG Cos. and MacFarlane Partners have formed a venture that is planning $10 billion of development and redevelopment projects in the Washington, D.C., region.  JBG of Chevy Chase, Md., has seeded the venture, JBG Urban LLC, with 93...

Kenneth J. Witkin, a senior executive with Bank of America's commercial real estate banking group, has been named president and chief executive of CBRE Realty Finance, a Hartford, Conn., mortgage REIT.Witkin, a 25-year veteran of the commercial mortgage...

Triple Net Properties has completed the purchase of a 252-unit apartment complex in North Carolina and a 153,000-square-foot office property in Illinois, on behalf of tenant-in-common investors.The Santa Ana, Calif., company acquired River Ridge in Asheville, N.C., from...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-1672.0046.681.49AAAAaa+50LiborA-2216.4529.501.73AAAAaa+56LiborB44.1126.001.90AAAAa1+60LiborC37.8123.001.98AA+Aa2+70LiborD37.8020.001.98AAAa3+85LiborE37.8117.001.98AA-A1+105LiborF37.8114.002.31A+A2+125LiborG37.8011.002.93AA3+140LiborH37.818.003.06BBB+Baa1+170LiborJ37.815.003.16BBBBaa2+210LiborK31.502.504.32BBB-Baa3NALiborL31.510.004.81BBB-Ba1NALibor*Notional amount, interest onlyCollateral balance: $1,295.00 Bookrunner(s): Morgan StanleyLead Managers: Morgan StanleyCo-managers: Banc of America, Merrill LynchMaster Servicer: Midland Loan ServicesSpecial Servicer: Midland Loan ServicesTrustee: Wells Fargo BankOriginators: Morgan Stanley (100 percent)Number of Loans/Properties: 13/21Property...

Southfield Crown Realty has paid $19.6 million for Southfield Center, a 160,000-square-foot office building in South Plainfield, N.J. The company, a subsidiary of Navika Capital Group of New York, bought the two-story building from Realty Associates Iowa Corp....

Triple Net Properties has completed the purchase of a 252-unit apartment complex in North Carolina and a 153,000-square-foot office property in Illinois, on behalf of tenant-in-common investors.The Santa Ana, Calif., company acquired River Ridge in Asheville, N.C., from...

Fannie Mae has provided a total of $61.3 million of financing for a pair of apartment properties with 432 units in San Jose, Calif.The neighboring properties, Ellmar Oaks, with 266 units, and Capitol Village, with 166 units, were...

Kenneth J. Witkin, a senior executive with Bank of America's commercial real estate banking group, has been named president and chief executive of CBRE Realty Finance, a Hartford, Conn., mortgage REIT.Witkin, a 25-year veteran of the commercial mortgage...

Southfield Crown Realty has paid $19.6 million for Southfield Center, a 160,000-square-foot office building in South Plainfield, N.J. The company, a subsidiary of Navika Capital Group of New York, bought the two-story building from Realty Associates Iowa Corp....

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingMoody'sFinalPricing (bp)BnchmarkA-1672.0046.681.49AAAAaa+50LiborA-2216.4529.501.73AAAAaa+56LiborB44.1126.001.90AAAAa1+60LiborC37.8123.001.98AA+Aa2+70LiborD37.8020.001.98AAAa3+85LiborE37.8117.001.98AA-A1+105LiborF37.8114.002.31A+A2+125LiborG37.8011.002.93AA3+140LiborH37.818.003.06BBB+Baa1+170LiborJ37.815.003.16BBBBaa2+210LiborK31.502.504.32BBB-Baa3NALiborL31.510.004.81BBB-Ba1NALibor*Notional amount, interest onlyCollateral balance: $1,295.00 Bookrunner(s): Morgan StanleyLead Managers: Morgan StanleyCo-managers: Banc of America, Merrill LynchMaster Servicer: Midland Loan ServicesSpecial Servicer: Midland Loan ServicesTrustee: Wells Fargo BankOriginators: Morgan Stanley (100 percent)Number of Loans/Properties: 13/21Property...

Hermani Management has paid $41.5 million for a portfolio of four Fairfield Inn and Hampton Inn hotels with 331 rooms in the Washington, D.C., area.Hermani, a Galloway, N.J., investor and manager led by the Khati family, purchased the...

Steve Inman, chief credit officer of Centerline Capital Group, is retiring.Inman will be replaced on an interim basis by Donald J. Meyer, executive managing director of Centerline and its chief investment officer. Inman will serve as a consultant...

Commercial Real Estate Direct Staff ReportBuyers of CMBS B-pieces, many of which have been laying low since volatility in the structured finance markets increased appreciably over the past few weeks, are becoming pickier in terms of what loans...

Fitch Ratings has downgraded the $18.8 million class N of Credit Suisse First Boston Mortgage Securities Corp., 2005-CND2, to B- from BB-, because of expected special servicing fees and concerns over two matured collateral loans.In addition, the rating...

Commercial Real Estate Direct Staff ReportIn what could be among the last loans of its kind to close before the window is shut on such financings, Wachovia Bank provided $1.5 billion of floating-rate financing for Cabi Developers' acquisition...

Steve Inman, chief credit officer of Centerline Capital Group, is retiring.Inman will be replaced on an interim basis by Donald J. Meyer, executive managing director of Centerline and its chief investment officer. Inman will serve as a consultant...

Commercial Real Estate Direct Staff ReportBuyers of CMBS B-pieces, many of which have been laying low since volatility in the structured finance markets increased appreciably over the past few weeks, are becoming pickier in terms of what loans...

Hermani Management has paid $41.5 million for a portfolio of four Fairfield Inn and Hampton Inn hotels with 331 rooms in the Washington, D.C., area.Hermani, a Galloway, N.J., investor and manager led by the Khati family, purchased the...

Commercial Real Estate Direct Staff ReportIn what could be among the last loans of its kind to close before the window is shut on such financings, Wachovia Bank provided $1.5 billion of floating-rate financing for Cabi Developers' acquisition...

Fitch Ratings has downgraded the $18.8 million class N of Credit Suisse First Boston Mortgage Securities Corp., 2005-CND2, to B- from BB-, because of expected special servicing fees and concerns over two matured collateral loans.In addition, the rating...

Michael Zietsman, an investment-sales broker who left Lehman Brothers' real estate group three years ago to form his own shop, has rejoined Jones Lang LaSalle as managing director of its Los Angeles office.JLL has effectively acquired Zietsman's operation,...

Medical Properties Trust Inc. has paid $100 million for three hospitals operated by Hospital Partners of America Inc., which has agreed to lease them back.The Birmingham, Ala., REIT, which went public two years ago, said it would also...