Sacramento, Calif., Office Property Sold for $44.5Mln
April 19, 2024
Phoenix Multifamily Vacancy Rate Improves, Rents Rise
April 19, 2024
Nashville-Area Retail Property Sells for $34.5Mln
April 19, 2024
March 27, 2001 NEW YORK – Moody's Investors Service has up upgraded six classes of Salomon Brothers Mortgage Securities VII Inc., 1997-TZH because of improved performance of the underlying properties and lower loan-to-value ratio that resulted from amortization.The rating agency ...
The offering will likely be about $1 billion, underwritten by GMAC's customary partners, Goldman Sachs and Deutsche Banc Alex. Brown. Meanwhile, more than $3.2 billion worth of CMBS conduit paper is set to print in the next few days.
The deal includes collateral originally intended for an earlier single-asset deal and an upcoming single-borrower transaction. The interest-only component depends on investor interest, and may be reconfigured.
March 19, 2001 NEW YORK – Moody's Investors Service has upgraded GE Capital Mall Finance Corp., 1998-1, because the performance of the deal's underlying collateral properties has improved since issuance.The upgrades were as follows:– Class A-2 went to Aaa from ...
Deutsche Bank and J.P. Morgan Chase handled a tough fixed-rate deal by converting the deal's triple-A classes to floating rates. And word is that issuers of imminent conduits are mulling the same approach.
The deal employs an A-B structure, where subordinate slices of mortgages in the collateral pool aren't securitized. The largest loan in the transaction is backed by a portfolio of industrial properties on Long Island, N.Y.
CMBS spreads have widened out to levels not seen since September 1999, affecting a recent conduit deal from CSFB. And underwriters of a large-loan deal reworked its structure. Some say weak demand played a role.
March 8, 2001NEW YORK – Moody's Investors Service has upgraded four tranches of BTR-2 Trust, 1999-S1, because of a "significant" increase in subordination due to collateral loan paydowns.Class B was upgraded to Aaa from Aa2; Class C went to Aaa ...
March 2, 2001 NEW YORK – Standard & Poor's has raised its ratings on four classes of J.P. Morgan Commercial Mortgage Finance Corp.'s series 1997-C4 and affirmed five classes.The rating agency raised: class B to double-A-plus from double-A; class C ...
March 1, 2001 NEW YORK – Fitch has upgraded four classes of Structured Asset Securities Corp., 1998-C2, because of significant mortgage payoffs.In addition, the rating agency withdrew the rating of five other classes (B, C, D, E and G) because ...
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..