David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Subject: Non-CMBS (RATEO)
Moody’s Downgrades CVS Deal
September 17, 2003 Moody's Investors Service has downgraded the $125 million series A-2 bonds of CVS Credit Lease Backed Pass-Through Certificates to Baa2 from A2 because of the recent downgrade of the insurer that ultimately guarantees payment on the bonds.The ...
S&P Upgrades ARCap’s Servicer Ranking
June 19, 2003 Standard & Poor's has upgraded its commercial mortgage special servicer ranking for ARCap Servicing Inc. to above average from average. The outlook is stable.The raised ranking reflects the solid asset resolutions ARCap achieved between March 31, 2002, ...
S&P Downgrades Class A-3 of 5400 Westheimer Court Depositor
June 19, 2003 Standard & Poor's has downgraded class A-3 of 5400 Westheimer Court Depositor Corp. to triple-B-plus from single-A-minus due to a recent downgrade of Duke Energy Corp. The outlook is negative.The class A-3 pass-through certificates are dependent on ...
S&P Places Chateau Notes on Watch Negative
May 30, 2003 Standard & Poor's has placed its triple-B-minus rating on the senior notes of Chateau Communities Inc. and its subsidiary, CP LP, on credit watch with negative implications as a result of Hometown America's agreement to acquire the ...
Fitch Expects to Affirm GMAC’s Servicer Ratings
May 8, 2003 Fitch Ratings said it expects to affirm the primary, master and servicer ratings of GMAC Commercial Mortgage after its purchase of Lend Lease Corp.'s servicing units is completed.GMAC ratings are: CMS2-plus as master servicer; CPS2-plus as primary; ...
S&P Puts Lend Lease, CapMark, GMAC Rankings on Watch
May 7, 2003 Standard & Poor's has placed its strong rankings for Lend Lease Asset Management LP and CapMark Services LP on credit watch with negative implications.Lend Lease's commercial mortgage special servicer ranking was affected. CapMark's commercial mortgage master and ...
WaMu Gets Servicer Ratings from Fitch
May 2, 2003 Fitch Ratings has ranked Washington Mutual Bank as a CMBS primary, master and special servicer. The rating agency gave the Seattle lender a rating of CPS3-plus as primary servicer, CMS3 as master and CSS3 as special servicer. ...
SEC Examines Role of Rating Agencies
April 15, 2003 Commercial Real Estate Direct Staff ReportThe SEC has been examining how rating agencies operate and has said it is looking into changing their entire concept.The commission's actions stem from a January report on the rating agencies that ...
Moody’s Downgrades MeriStar’s Debt Ratings
February 25, 2003 Moody's Investors Service has downgraded the debt ratings of MeriStar Hospitality Corp. and its affiliated operating partnership.The rating agency, which downgraded MeriStar's senior unsecured debt rating to B2 from B1 and its subordinate debt rating to Caa1 ...
Moody’s Publishes Criteria for Rating Investment Funds, Managers
December 12, 2002 Commercial Real Estate Direct Staff ReportMoody's Investors Service, which earlier this year started rating real estate investment funds and their managers, has published its rating criteria.The rating agency becomes the first to openly describe its methodology for ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
