ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchFinalPricing (bp)BnchmarkA-1550.0020.002.90AAAAAANAswapsA-1A112.5620.006.88AAAAAANAswapsA-2325.0020.004.97AAAAAA+42swapsA-3686.0320.006.78AAAAAA+55swapsA-J227.509.1258.28AAAAAA+70swapsB10.468.6258.64AA+AA++75swapsC28.767.258.89AAAA+79swapsD18.306.3769.65AA-AA-+87swapsE5.236.12610.83A+A++92swapsF15.695.37611.46AA+97swapsG20.924.37612.56A-A-NAswapsH13.073.75113.18BBB+BBB+NAswapsJ23.532.62613.43BBBBBBNAswapsK7.842.25113.43BBB-BBB-NAswapsL7.841.87713.43BB+BB+NATreasM7.841.50213.57BBBBNATreasN2.611.37713.69BB-BB-NATreasP7.841.00214.50NRB+NATreasQ2.610.87815.42NRBNATreasS2.610.75315.87NRB-NATreasT15.75NA16.73NRNRNATreasX2,091.99*NANAAAAAAANATreas*Notional amount, interest onlyCollateral balance: $2,092.00 million Bookrunner(s): Lehman BrothersLead Managers: Lehman BrothersCo-managers: Morgan Stanley B-piece Buyer: Centerline REITMaster Servicer: Wachovia BankSpecial Servicer: Centerline ServicingTrustee: Wells FargoOriginators: TIAA (100 percent)Number of Loans/Properties: 133/150Underwritten DSCR: 1.69xUnderwritten...

Hines has raised $828 million of equity for its U.S. Office Value Added Fund II, which will target developments and core properties.The fund is expected to pursue the acquisition of office properties whose value can be improved through...

Countrywide Commercial has provided $140 million of financing for the Peninsula Beverly Hills, among the poshest hotels in Southern California.The 194-room hotel, the only one in Southern California with a Five-Diamond rating from AAA and Five-Star rating from...

Equastone has completed its $382 million acquisition of 3 million square feet of office space and 43 acres of developable land in Dallas from Crescent Real Estate Equities Co.The San Diego firm agreed last month to purchase the...

MHI Hospitality Corp. has lined up $23 million of permanent financing from MONY Life Insurance Co., allowing it to refinance the Hilton Savannah DeSoto.MHI, which is headquartered in Williamsburg, Va., said it plans to use $11.2 million of...

Hampshire Cos. has tapped Robert Vicci, a former construction project manager with SL Green Realty, as investment manager.In his new post with the Morristown, N.J., investment firm, Vicci will be charged with overseeing various strategies for a portfolio...

By John Covaleski, Commercial Real Estate Direct Staff Writer Apollo Real Estate Advisors plans to raise $500 million of equity for a value-add investment fund that would target properties in urban markets.The Domestic Emerging Markets Fund will use...

  ClassAmt$mlnSubLevel%AvgLife (yrs)RatingS&PRatingFitchFinalPricing (bp)BnchmarkA-1550.0020.002.90AAAAAANAswapsA-1A112.5620.006.88AAAAAANAswapsA-2325.0020.004.97AAAAAA+42swapsA-3686.0320.006.78AAAAAA+55swapsA-J227.509.1258.28AAAAAA+70swapsB10.468.6258.64AA+AA++75swapsC28.767.258.89AAAA+79swapsD18.306.3769.65AA-AA-+87swapsE5.236.12610.83A+A++92swapsF15.695.37611.46AA+97swapsG20.924.37612.56A-A-NAswapsH13.073.75113.18BBB+BBB+NAswapsJ23.532.62613.43BBBBBBNAswapsK7.842.25113.43BBB-BBB-NAswapsL7.841.87713.43BB+BB+NATreasM7.841.50213.57BBBBNATreasN2.611.37713.69BB-BB-NATreasP7.841.00214.50NRB+NATreasQ2.610.87815.42NRBNATreasS2.610.75315.87NRB-NATreasT15.75NA16.73NRNRNATreasX2,091.99*NANAAAAAAANATreas*Notional amount, interest onlyCollateral balance: $2,092.00 million Bookrunner(s): Lehman BrothersLead Managers: Lehman BrothersCo-managers: Morgan Stanley B-piece Buyer: Centerline REITMaster Servicer: Wachovia BankSpecial Servicer: Centerline ServicingTrustee: Wells FargoOriginators: TIAA (100 percent)Number of Loans/Properties: 133/150Underwritten DSCR: 1.69xUnderwritten...

Kennedy Wilson has paid $45.8 million for College Park, a 331-unit apartment complex in San Jose, Calif.The Beverly Hills, Calif., firm purchased the property from Todd Spieker, a San Jose developer. College Park consists of 15 buildings on...

Hines has raised $828 million of equity for its U.S. Office Value Added Fund II, which will target developments and core properties.The fund is expected to pursue the acquisition of office properties whose value can be improved through...

Countrywide Commercial has provided $140 million of financing for the Peninsula Beverly Hills, among the poshest hotels in Southern California.The 194-room hotel, the only one in Southern California with a Five-Diamond rating from AAA and Five-Star rating from...

Hampshire Cos. has tapped Robert Vicci, a former construction project manager with SL Green Realty, as investment manager.In his new post with the Morristown, N.J., investment firm, Vicci will be charged with overseeing various strategies for a portfolio...

Collateral Real Estate Capital has provided $217.3 million of Freddie Mac financing for a portfolio of 21 seniors housing properties with 1,927 units.The financing is comprised of a number of loans, each with a 10-year term and one-year...

Commercial Real Estate Direct Report In a spillover from the subprime mortgage crisis, financing conditions are worsening for multifamily property.A July survey of multifamily housing executives, conducted by the National Multi Housing Council, found that conditions have deteriorated...

Commercial Real Estate Direct Staff ReportA Congressional committee has approved a bill extending the federal backstop for insurers of terrorism risk.The House Committee on Financial Services this week approved the Terrorism Insurance Revision and Extension Act, which would extend...

Trinity Capital Advisors has paid roughly $27 million for 1041 Cassatt Road, a 131,000-square-foot office complex in the Philadelphia suburb of Berwyn, Pa.The Philadelphia real estate firm purchased the five-building property from Vertex Inc., which manufactures tax software,...

Collateral Real Estate Capital has provided $217.3 million of Freddie Mac financing for a portfolio of 21 seniors housing properties with 1,927 units.The financing is comprised of a number of loans, each with a 10-year term and one-year...

A venture between Sterling American Property and Hines has sold 405 Howard St. in San Francisco for $247 million, or $490/sf.The buyer is a venture between GE Real Estate and Ashforth Pacific Properties of Portland, Ore. The price...

Triple Net Properties paid $21 million for Century Hills, a 200-unit apartment complex in Augusta, Ga.As reported, the Santa Ana, Calif., firm purchased the property on behalf of tenant-in-common investors from Centennial Investment Properties of Atlanta. But at...

Commercial Real Estate Direct Report In a spillover from the subprime mortgage crisis, financing conditions are worsening for multifamily property.A July survey of multifamily housing executives, conducted by the National Multi Housing Council, found that conditions have deteriorated...

Peyton "Chip" Owen Jr., the former chief operating officer of Equity Office Properties Trust, has joined Lightstone Group as president and chief operating officer. Owen, a 23-year real estate veteran, had been with EOP for more than three...

Trinity Capital Advisors has paid roughly $27 million for 1041 Cassatt Road, a 131,000-square-foot office complex in the Philadelphia suburb of Berwyn, Pa.The Philadelphia real estate firm purchased the five-building property from Vertex Inc., which manufactures tax software,...

Commercial Real Estate Direct Staff ReportA Congressional committee has approved a bill extending the federal backstop for insurers of terrorism risk.The House Committee on Financial Services this week approved the Terrorism Insurance Revision and Extension Act, which would extend...

Triple Net Properties paid $21 million for Century Hills, a 200-unit apartment complex in Augusta, Ga.As reported, the Santa Ana, Calif., firm purchased the property on behalf of tenant-in-common investors from Centennial Investment Properties of Atlanta. But at...

Peyton "Chip" Owen Jr., the former chief operating officer of Equity Office Properties Trust, has joined Lightstone Group as president and chief operating officer. Owen, a 23-year real estate veteran, had been with EOP for more than three...