Subject: Mortgages/Financing (MOR)

March 25, 2004 CharterMac (Amex:CHC) and its units have provided $17 million of debt and equity for two apartment complexes in Texas. In the first deal, CharterMac, a New York finance company, provided $10.4 million of debt for Villas of ...

Strategic Real Estate Advisors used the five-year, fixed-rate mortgage to repay and consolidate the two loans that had encumbered 1201 & 1225 New York Avenue NW, sister properties that the firm has been operating as a single property for the ...

March 25, 2004 DebtX is turning its attention to helping German lenders restructure their balance sheets.The Boston company has since its inception in 2000 focused on the United States market. But in recent months, it has been exploring launching its ...

A venture between Tishman Speyer Properties and Travelers Group has apparently won the bidding for a $625 million mortgage on International Place, a 1.8 million-sf office complex that Teachers Insurance was marketing.

March 24, 2004 Corus Bank has provided $35 million of debt to an affiliate of Carr Enterprises to finance the construction of Quincy Court, a condominium and retail project at 1117 10th St. N.W. in Washington D.C. The 11-story condominium ...

J.H. Snyder Co., which last December broke ground on the first phase of the NoHo Commons development, has started the hunt for financing for the project's second phase. Sonnenblick-Eichner Co. is advising the company.

March 23, 2004 Fitch Ratings has upgraded three classes of Morgan Stanley Capital Inc., 1997-WF1, because subordination levels have increased.The rating agency upgraded the deal's:– $33.6 million class F to double-B-plus from double-B;– $5.6 million class G to double-B from ...

March 23, 2004 Fitch Ratings has upgraded the $10.2 million class B-2 of DLJ Mortgage Acceptance Corp., 1995-CF2, to triple-A from double-A because subordination levels have improved.The deal's balance has shrunk to $141.8 million from $508.5 million at issuance.Fitch affirmed ...

March 22, 2004Wellsford/Whitehall Group LLC has defaulted on a $64 million loan that is backed by six office properties it owns in the Boston area.The joint venture between Wellsford Real Properties Inc. (AMEX:WRP), Goldman Sachs' Whitehall Street Real Estate Fund ...

March 19, 2004 UBS has provided $15 million of fixed-rate financing for Plaza Vista, a 227,149-square-foot retail property in Sierra Vista, Ariz.The 10-year financing carries a rate of 5.6 percent and was originated by the Los Angeles office of George ...