Subject: Ratings - CMBS (RATE)

Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston. Healthpeak Properties Inc. is developing the five-story property at 7500 Fannin St. It already is 36 percent preleased and will include a parking garage that's being built ...

Commercial Real Estate Direct Staff Report The coronavirus pandemic has contributed to a sharp increase in the number of CMBS loans that are potentially problematic, as Kroll Bond Rating Agency last month added 1,587 loans with a balance of $34.2 ...

Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded the $22.6 million class F of GS Mortgage Securities Corp. II, 2012-GCJ9, to B from B+, because of the weak performance of two collateral loans that are in ...

Fitch Ratings, which was hired to rate only five of the 20 single-borrower transactions that have priced so far this year, has charged its competitors with requiring credit protection levels on some of those deals that have been insufficient for ...

Moody's Investors Service said it will add an indicator, (sf), to ratings it places on structured finance securities, including CMBS, effective in the second quarter.The rating agency said the indicator is being adopted to comply with regulations in the European ...

Commercial Real Estate Direct Staff ReportThe three major rating agencies downgraded a total of 3,405 CMBS bond classes during the first half of the year and upgraded only 82, for the most lopsided upgrade-to-downgrade ratio in the history of the ...

Commercial Real Estate Direct Staff ReportThe SEC yesterday took a number of actions that it said were designed to beef up its oversight of credit rating agencies as well as improve the transparency of the ratings process. Key among the ...

Commercial Real Estate Direct Staff Report The SEC has finalized a series of proposed rules governing rating agencies in an effort to address transparency and potential conflict-of-interest issues.The rules do not include a requirement that rating agencies differentiate their ratings ...

National Retail Properties Inc. last week priced $250 million of unsecured notes through underwriters led by bookrunners Banc of America Securities and Wachovia Securities. The Orlando, Fla., REIT, formerly known as Commercial Net Lease Realty Inc., priced the 10-year notes ...

Liberty Property Trust has priced $300 million of senior unsecured debt through underwriters led by Banc of America Securities, Morgan Stanley and Wachovia Securities. The Malvern, Pa., REIT priced the notes, which have a maturity of Oct. 1, 2017, and ...