Commercial Real Estate Direct Staff Report A year after being assumed as part of the sale of its collateral portfolio, a $90 million CMBS loan securitized through Credit Suisse Mortgage Securities Corp., 2006-C4, again has been sent to...

Class Amt $mln Sub Level% Avg Life (yrs) Rating Moody's RatingFitch RatingDBRS RatingKroll Pricing % Yield% Final Pricing (bp) Bnch mark A-1  57.05 30.00 2.72  Aaa  AAA  AAA AAA 99.998  1.316 +43  swaps A-2 99.02  30.00 4.87  Aaa ...

Commercial Real Estate Direct Staff Report Morgan Stanley Bank has provided $300 million of financing against the Graybar Building, a 1.2 million-square-foot office building at 420 Lexington Ave. in midtown Manhattan. The 10-year loan pays a coupon of...

Commercial Real Estate Direct Staff Report Simon Property Group has evidently given up on the Shops at Sunset Place, a 514,437-square-foot open-air shopping center in Miami. The Indianapolis REIT, which this morning announced a 14.2 percent increase in...

Commercial Real Estate Direct Staff Report Steadfast Income REIT Inc., a non-traded REIT that was launched in 2010, has tapped Goldman Sachs as financial adviser to help it evaluate its strategic options. The company, sponsored by Steadfast Cos....

NorthStar Realty Finance Corp., which recently originated a $144 million loan against an office and industrial property portfolio owned by RXR Realty, funded the loan through its NorthStar Real Estate Income II Inc. affiliate. As reported, the loan...

Morgan Stanley Bank has provided a $100 million loan against 183 Madison Ave., a 274,413-square-foot office building in Manhattan that was purchased earlier this month by a venture of Tishman Speyer Properties and Cogswell-Lee Development Group. The Tishman/Cogswell...

Cole Office & Industrial REIT Inc. has paid $58.9 million, or $58.90/sf, for 5000 Commons Way, a 1 million-square-foot distribution facility in the Dinwiddie Commerce Park in Petersburg, Va. The Phoenix REIT, whose shares do not trade on...

Walker & Dunlop Inc. has written a $108 million Fannie Mae loan against Cypress Lakes, a massive age-restricted, manufactured-housing community in Lakeland, Fla. The Bethesda, Md., mortgage company partnered with Keystone Commercial Capital of Phoenix to arrange the...

Commercial Real Estate Direct Staff Report Dougherty Funding, a Minneapolis commercial property lender, is expanding into equity real estate investing and has hired Andy Deckas, a former president of investment manager Founders Properties and developer CSM Corp., to...

Jackson Square Properties has paid $26.25 million, or roughly $114,130/unit, for the 230-unit Rockledge Bear Valley apartments in Denver. The San Francisco company acquired the property, at 3550 South Kendal St., from a venture of ColRich Multifamily of...

Commercial Real Estate Direct Staff Report An entity managed by the Wax family has struck a deal to sell a portfolio of six apartment properties with 152 units and 7,900 square feet of retail space in Manhattan for...

BAG Investments has paid $48.25 million, or $142,330/unit, for The Ledges, a 339-unit apartment property in Groton, Conn. The Beverly Hills, Calif., investment company purchased the nine-year-old property at 11 Ledgewood Road, near the Long Island Sound, in...

Commercial Real Estate Direct Staff Report Northrop Grumman, which leases 52 percent of the Norden Park office property in Norwalk, Conn., will be completely vacating the 615,357-square-foot building at the end of the year, prompting a $72.9 million...

Commercial Real Estate Direct Staff Report The $219.4 million of CMBS loans against the Woodbury Office Portfolio, a collection of 28 office and industrial properties in Woodbury, N.Y., were retired this week and the CMBS deal that held...

Commercial Real Estate Direct Staff Report Landesbank Hessen Thuringen Girozentrale has provided a $150 million loan against 360 Madison Ave., a 360,000-square-foot office property in midtown Manhattan. The loan replaces a mortgage with a $93.5 million balance that...

Commercial Real Estate Direct Staff Report Embarcadero Capital Partners is in the market to sell 301 Howard St., a 307,000-square-foot office building in downtown San Francisco that could sell for as much as $700/sf, or nearly $215 million....

Commercial Real Estate Direct Staff Report The $163.8 million CMBS loan against Jericho Plaza, a 638,216-square-foot office property on Long Island, N.Y., has transferred to special servicing because it's expected to default. The loan was securitized through Credit...

Radco Cos. has paid $28.2 million, or $87,578/unit, for Summit at Thornton, a 322-unit apartment property in the Denver suburb of Thornton, Colo. The Atlanta investor bought the 41-year-old property from Fannie Mae and financed its purchase with...

Commercial Real Estate Direct Staff Report Prudential Mortgage Capital has provided $107.5 million of Fannie Mae financing against the Mirada at Crescent Village, a 370-unit apartment property in San Jose, Calif. The 10-year loan, written under Fannie's Delegated...

Class Amt $mln Sub Level% Avg Life (yrs) Rating Moodys RatingKroll Pricing % Final Pricing (bp) Bnch mark A-1  219.50 18.00 3.31   Aaa AAA   100.000 +27  swaps A-2 719.81  18.00 4.45   Aaa AAA  102.999  +29  swaps B 91.64...

Hartz Mountain Industries has paid $129 million for a portfolio of 35 industrial buildings with 2.5 million square feet in Atlanta's northern suburbs. The Secaucus, N.J., investor bought the portfolio - its first acquisition in the Atlanta market...

Prudential Mortgage Capital Co. has provided $21 million of financing against the Campus Center Apartments, a 194-unit student-housing property next to the College of Charleston in Charleston, S.C. The fixed-rate loan, which matures in 10 years, was arranged...

A venture of Blackstone Real Estate Partners VII and DDR Corp. has completed its $1.93 billion acquisition of 71 retail properties with 11.3 million square feet from American Realty Capital Properties Inc. The venture, which is 95 percent...

Commercial Real Estate Direct Staff Report A group of lenders led by HSBC Bank has provided a $130 million floating-rate loan against 2001 M St. NW, a 208,860-square-foot office property that Brookfield Property Partners is redeveloping. In addition...