Bloomberg Name: BACM 2006-3

Commercial Real Estate Direct Staff Report The $58.7 million CMBS loan against the 472-room Minneapolis Airport Marriott hotel in Bloomington, Minn., has transferred to special servicing as it's expected to default when it matures in June. The transfer was highlighted ...

Commercial Real Estate Direct Staff Report The $101.5 million CMBS loan against the Southern Hills Mall in Sioux City, Iowa, has transferred to special servicing as its maturity nears. The loan is securitized through Banc of America Commercial Mortgage Trust, ...

Commercial Real Estate Direct Staff Report The $61.9 million CMBS loan against the 347-room Phoenix Airport Marriott hotel has been transferred to special servicer CWCapital Asset Management once again. The loan, securitized through Banc of America Commercial Mortgage Trust, 2006-3, ...

Commercial Real Estate Direct Staff Report The Fifth Third Center office building in downtown Columbus, Ohio, was appraised in June at a value of $18 million. That's bad news for Banc of America Commercial Mortgage Trust, 2006-3, which holds a ...

Commercial Real Estate Direct Staff Report Tier REIT Inc. had offered the 330,849-square-foot Fifth Third Center office complex in downtown Columbus, Ohio, for sale earlier this year, but withdrew the offering when offers it received fell below expectations. It hasn't ...

Commercial Real Estate Direct Staff Report The $94 million CMBS loan against the Rushmore Mall in Rapid City, S.C., which recently was modified into A- and B-notes, was hit with an appraisal reduction of $48.6 million, to reflect the $52 ...

Commercial Real Estate Direct Staff Report The $94 million CMBS loan against the Rushmore Mall in Rapid City, S.D., has been modified into A and B notes. The property's owner, Washington Prime Group, detailed the modification in its third-quarter earnings ...