Bloomberg Name: COMM 2014-UBS2

Crain's Chicago Business LNR Partners is offering for sale the 170,507 square feet of retail space at the One North State office property in Chicago. The special servicer represents COMM, 2014-UBS2, the CMBS trust that took the space through foreclosure ...

Commercial Real Estate Direct Staff Report The 170,507 square feet of retail and storage space at the base of One North State St. in downtown Chicago have been re-appraised at a value of $19.9 million. Less than a year ago, ...

Commercial Real Estate Direct Staff Report An investor group has purchased the 295,949-square-foot Canyon Crossing retail property in Riverside, Calif., for $39.1 million, or $132/sf, resulting in the resolution of what had been a troubled $39.85 million CMBS loan. The ...

Commercial Real Estate Direct Staff Report The $63.75 million CMBS loan against Excelsior Crossings, a two-building office complex with 501,603 square feet in the Minneapolis suburb of Hopkins, Minn., has transferred to special servicer LNR Partners as it hadn't been ...

Commercial Real Estate Direct Staff Report Canyon Crossing, a 295,949-square-foot shopping center in Riverside, Calif., was appraised at a value of $49 million last October, down from $62.9 million in 2013, when a $44.7 million CMBS loan was written against ...

Commercial Real Estate Direct Staff Report Special servicer LNR Partners has taken Canyon Crossing in Riverside, Calif., by foreclosing against the $43.5 million CMBS loan against the retail property. The loan, securitized through COMM, 2014-UBS2, had transferred to the company ...

Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded the $20.1 million class F of COMM, 2014-UBS2, to B- from B because of concerns that three large loans in the deal's collateral pool could result in losses ...

Commercial Real Estate Direct Staff Report LNR Partners has put the $24.8 million CMBS loan against the Creekside mixed-use development in the Gahanna, Ohio, on the sales block. The loan, which has been with the Miami special servicer since last ...

The owner of a mixed-use property in Gahanna, Ohio, has sued special servicer LNR Partners, alleging it obstructed its access to a reserve fund. As a result of what the property's owner said was LNR's refusal to give it access ...