Subject: Mortgages/Financing (MOR)

September 22, 2003 RBS Greenwich Capital has provided $39 million of mortgage financing for three office buildings owned by AmeriVest Properties Inc. (Amex:AMV) The five-year mortgage pays a fixed rate of 5.13 percent. It is backed by the Parkway Centre ...

September 22, 2003 PNC Real Estate Finance Inc. has provided $35 million of FHA-insured financing for a $70.2 million multifamily development in Pittsburgh.The project, in the Pittsburgh's North Shore area, involves the conversion of five vacant manufacturing buildings into 267 ...

September 19, 2003 Protective Life has provided $11.6 million of permanent debt for a 98,180-square-foot shopping center in Sylvania, Ohio, which is just outside of Toledo.The fixed-rate mortgage was arranged by GMAC Commercial Mortgage Corp.The collateral is a newly constructed ...

September 18, 2003 RBS Greenwich Capital has provided a $30 million permanent mortgage to HB Nitkin Group for the Greenwich Financial Center, an 80,000-square-foot office and retail building in the heart of Greenwich, Conn.The four-story, Class-A office building was fully ...

September 18, 2003 It's official. Berkshire Mortgage Finance was the top originator of loans under Fannie Mae's Delegated Underwriting and Servicing program last year.The Boston lender originated $1.75 billion of DUS loans last year, winning Fannie Mae's "Top DUS Producer" ...

September 18, 2003 By Rhonda L. Lipschutz, Commercial Real Estate Direct Staff WriterBond Street Capital has hired Robert Margolis as a senior banker, one of several recent executive changes by the West Palm Beach, Fla., company.Margolis was formerly president of ...

September 17, 2003 Commercial Real Estate Staff ReportCNL Hospitality Properties Inc. has drawn an additional $88 million against a bridge loan from Bank of America to finance its recent acquisition of RFS Hotel Investors.With the latest draw, the Orlando, Fla., ...

September 17, 2003 Chicago Tribune (Second Item)Westmont Hospitality Group of Houston has acquired the mortgage on a south suburban Chicago Holiday Inn that is facing foreclosure for an undetermined amount from Prudential Securities Credit Corp., which filed the foreclosure case ...

September 16, 2003 Moody's Investors Services has upgraded four classes of Four Times Square Trust, 2000-4TS, and has kept the deal's $36 million class D, which is rated Ba1, under review for possible downgrade.The CMBS deal is backed by a ...

GMAC Commercial Mortgage, the special servicer for the CMBS deal that owns a $57 million mortgage on San Francisco's Clift Hotel, has hired Ackman-Ziff to market the loan for sale. It hopes to recover face value.