Morgan Stanley Dean Witter & Co. said it sold $205 million of commercial mortgage-backed securities that it held as collateral for loans to Criimi Mae Inc., which filed in October for reorganization under Chapter 11 of the bankruptcy code.

The sale met with weak investor demand, in part because ofconcerns about Criimi Mae's viability, investors said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.