Commercial Real Estate Direct Staff ReportA U.S. House of Representatives subcommittee has approved a bill extending the federal backstop for insurers of terrorism risk.The Real Estate Roundtable has hailed the Financial Services subcommittee's approval of the Terrorism Risk...

A Dallas investment group is offering for sale Villas of Highpointe, a 304-unit apartment complex in Lewisville, Texas.The group has tapped the Dallas office of Marcus & Millichap to market the 11-building property, which carries a listing price...

Panos Properties has paid $70 million for the Mill Creek Town Center, a 183,000-square-foot retail property in the Seattle suburb of Mill Creek, Wash.The Seattle firm purchased the 14-building property from Wakefield Commercial, which originally developed the center...

Commercial Real Estate Direct Staff ReportSL Green Realty Corp. sold an 85 percent stake in 1372 Broadway in Manhattan for about $285 million to Wachovia.The New York REIT put the 508,000-square-foot office and showroom building up for sale...

Commercial Real Estate Direct Staff ReportING Clarion Partners has acquired a 207,160-square-foot office building in Scottsdale, Ariz., for $40 million.Wind Realty Partners sold the property, Scottsdale Forum, which was marketed by Cushman & Wakefield.ING made the purchase on...

W.P. Carey has paid $42.7 million for the 245,000-square-foot campus of Universal Technical Institute Inc. in the Sacramento suburb of Natomas, Calif. The New York investment firm is purchasing the campus from the Technical Institute, an auto-repair school...

Liberty Property Trust has agreed to acquire Republic Property Trust in a deal valued at roughly $900 million.The Malvern, Pa., REIT will pay $14.70 for each share of Republic common stock and assume $415 million of debt. That's...

Commercial Real Estate Direct Staff ReportING Clarion Partners has acquired a 207,160-square-foot office building in Scottsdale, Ariz., for $40 million.Wind Realty Partners sold the property, Scottsdale Forum, which was marketed by Cushman & Wakefield.ING made the purchase on...

Commercial Real Estate Direct Staff ReportSL Green Realty Corp. sold an 85 percent stake in 1372 Broadway in Manhattan for about $285 million to Wachovia.The New York REIT put the 508,000-square-foot office and showroom building up for sale...

Panos Properties has paid $70 million for the Mill Creek Town Center, a 183,000-square-foot retail property in the Seattle suburb of Mill Creek, Wash.The Seattle firm purchased the 14-building property from Wakefield Commercial, which originally developed the center...

W.P. Carey has paid $42.7 million for the 245,000-square-foot campus of Universal Technical Institute Inc. in the Sacramento suburb of Natomas, Calif. The New York investment firm is purchasing the campus from the Technical Institute, an auto-repair school...

Liberty Property Trust has agreed to acquire Republic Property Trust in a deal valued at roughly $900 million.The Malvern, Pa., REIT will pay $14.70 for each share of Republic common stock and assume $415 million of debt. That's...

Commercial Real Estate Direct Staff ReportApollo Real Estate Advisors is in a venture to market for sale a newly-built 60,610-square-foot retail center in Queens, N.Y.The Manhattan office of Newmark Knight & Frank has the listing for the two-acre...

Behringer Harvard Real Estate has purchased the CentrePort Office Center, a 134,246-square-foot office property in Fort Worth, Texas.A sales price was not disclosed, but the two-building complex was expected to sell for about $20 million Behringer, a Dallas...

JEM Realty Advisors has paid $14.5 million for Fox Crest, a 245-unit apartment complex in the Chicago suburb of Waukegan, Ill.The Los Angeles firm purchased the property from Apartment Investment & Management Co., of Denver, which marketed it...

Triple Net Properties has agreed to pay $37 million for One and Two Riverwood Place, a 196,000-square-foot office property in the Milwaukee suburb of Pewaukee, Wis.The Santa Ana, Calif., real estate firm is acquiring the two-building property from...

Berkeley Investments has lined up $72 million of financing for 1700 Pacific, a 1.3 million-square-foot office tower in Dallas.The Los Angeles firm received the financing from ING Investment Management. HFF Inc.'s Dallas office arranged the three-year, fixed-rate loan.Berkeley...

JEM Realty Advisors has paid $14.5 million for Fox Crest, a 245-unit apartment complex in the Chicago suburb of Waukegan, Ill.The Los Angeles firm purchased the property from Apartment Investment & Management Co., of Denver, which marketed it...

TA Associates Realty has paid $60.3 million for Research Plaza, a 227,114-square-foot office building in Rockville, Md.The Boston real estate firm purchased the property from a pension fund advised by LaSalle Investment Management, which marketed the property through...

Triple Net Properties has agreed to pay $37 million for One and Two Riverwood Place, a 196,000-square-foot office property in the Milwaukee suburb of Pewaukee, Wis.The Santa Ana, Calif., real estate firm is acquiring the two-building property from...

Commercial Real Estate Direct Staff ReportApollo Real Estate Advisors is in a venture to market for sale a newly-built 60,610-square-foot retail center in Queens, N.Y.The Manhattan office of Newmark Knight & Frank has the listing for the two-acre...

Behringer Harvard Real Estate has purchased the CentrePort Office Center, a 134,246-square-foot office property in Fort Worth, Texas.A sales price was not disclosed, but the two-building complex was expected to sell for about $20 million Behringer, a Dallas...

Berkeley Investments has lined up $72 million of financing for 1700 Pacific, a 1.3 million-square-foot office tower in Dallas.The Los Angeles firm received the financing from ING Investment Management. HFF Inc.'s Dallas office arranged the three-year, fixed-rate loan.Berkeley...

TA Associates Realty has paid $60.3 million for Research Plaza, a 227,114-square-foot office building in Rockville, Md.The Boston real estate firm purchased the property from a pension fund advised by LaSalle Investment Management, which marketed the property through...

  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...