Wednesday, October 24, 2012

Watch List: $742 Mil. Office Loan Transfers to Special Servicing

National Commercial Real Estate News From CoStar Group

Watch List: $742 Mil. Office Loan Transfers to Special Servicing

Fitch Ratings downgraded seven classes of Bear Stearns Commercial Mortgage Securities Trust, series 2007-PWR17 commercial mortgage pass-through certificates, following the transfer of a $741.9 million loan into special servicing.

The downgrades are due to increased loss expectations, primarily associated with the specially serviced loans.

The largest contributor to Fitch expected losses is the largest loan (8.96%), DRA/Colonial Office Portfolio...

In The Pipeline: CoStar Development & Construction News for Oct. 21 - 27

In The Pipeline is a column on significant acquisitions of commercial land for sale, and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project -- and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail.
San Francisco's Transbay Tower Cleared For Construction

The Transbay...

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