David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Bloomberg Name: LBUBS 2004-C1
CMBS Loan Against UBS Center Gets Big Appraisal Reduction
Commercial Real Estate Direct Staff Report The $147.1 million CMBS loan against the 682,327-square-foot UBS Center in Stamford, Conn., has been tagged with a $111.2 million appraisal reduction amount, reflecting the collateral property's recent $44.4 million appraised value. Last month, ...
CMBS Loan Against UBS Center in Stamford, Conn., Goes to Special Servicer
Commercial Real Estate Direct Staff Report The $156.7 million CMBS loan against the UBS Center in Stamford, Conn., has transferred to special servicing because of a non-monetary default. The transfer, highlighted in a TreppWire report, was expected, given that its ...
UBS Center in Stamford, Conn., Could Be Worth Less Than Its CMBS Loan
Commercial Real Estate Direct Staff Report The UBS Center at 677 Washington Blvd. in Stamford, Conn., might be worth only $128.7 million, according to analysis by Morningstar Credit Ratings. As a result, the Horsham, Pa., rating agency estimated that the ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
