Subject: International (INTL)

July 24, 2002 Commercial Real Estate Direct Staff ReportA new Morgan Stanley Dean Witter European CMBS deal involving collateral in France has hit the market.Called "Eros (European Loan Conduit No. 10) FCC," the 341.4 million euro (US$339.9 million) floating-rate transaction ...

July 19, 2002Commercial Real Estate Direct Staff ReportA 1.4 billion euro (US$1.42 billion) mortgage-backed securitization was issued this week from the Netherlands by a group of pension funds.Vesteda Residential Funding I B.V., which has already successfully priced, contains 372 properties, ...

Canadian deals are suddenly gaining new observers now that established U.S. investment banks are stepping up efforts and bringing more deals to increasingly receptive investors.

July 17, 2002 Ten new investors – a mixture of pension funds and institutions – have invested in Lend Lease Retail Partnership through secondary market share purchases.The shares that the investors bought, valued around 75 million pounds ($118 million), were ...

July 8, 2002 Credit Suisse First Boston, TD Bank Financial Group and Laurentian Bank of Canada are launching a C$310.1 million (US$203.9 million) CMBS conduit transaction, Column Canada Issuer Corp., 2002-CCL1.CSFB's Column Canada Financial is contributing the bulk – C$168.4 ...

July 5, 2002 TORONTO – Standard & Poor's lowered its ratings on Merrill Lynch Financial Assets Inc.'s 2000-BMCC and 2002-BC2P to single-A from single-A-plus.As of the June, outstanding balances on the notes were C$115.3 million (US$76.7 million) and C$99.4 million, ...

June 25, 2002 SINGAPORE – Jones Lang LaSalle Inc. (NYSE:JLL) is making a major executive change in its Singapore-based Asia Pacific region.Effective Jan. 1, 2003, Christopher M.G. Brown will become chairman of the region and Peter A. Barge will succeed ...

June 17, 2002 LONDON – Wells Fargo Corporate Trust Services, a unit of the banking subsidiaries of Wells Fargo & Co., has opened a European securitization office in London.Wells Fargo will offer portfolio administration, bond administration and advanced investor reporting ...

June 13, 2002 NEW YORK – The Commercial Mortgage Securities Association has formed an Asian chapter, which will be based in Tokyo.Dottie Cunningham, the CMSA's executive director and CEO, announced the chapter at the organization's 8th annual convention, now under ...

June 11, 2002 Two foreign CMBS deals backed by Japanese and British collateral are on the market.The Japanese deal (UFJ Tower Inc.) is backed by the UFJ Bank building in Tokyo, and totals 62 billion yen ($49.7 million). The deal ...