CMBS Class of 2007: The Smaller They Are, The Harder They Fall

While the CMBS class of 2007 is full of delinquents, the creditworthiness for some of the loans made during that frothy era is actually holding up, particularly on large office deals. This year (2012) was widely viewed as the year of reckoning for the class of 2007 originated loans as
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Transwestern Sells Class A Office Campus to Westcore

Transwestern Investment Co. sold Concord Corporate Centre, a 347,000-square-foot office complex in Concord, CA, to Westcore Properties. The price was not disclosed. The Blackstone Group traded the East Bay area campus to Transwestern for $ 99 million in July 2007. The portfolio includ
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