Bloomberg Name: LBUBS 2006-C6

Commercial Real Estate Direct Staff Report Greenbrier Mall in Chesapeake, Va., which had backed what had been an $84.91 million loan that was securitized in 2006, has been sold for $30.06 million, effectively retiring the CMBS deal that had held ...

CWCapital Asset Management, which has been handling the Greenbrier Mall in Chesapeake, Va., as special servicer since 2019, has placed the shopping center on the sales block. It's hired Newmark's national mall team to market it for sale and has ...

Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc., whose portfolio of secondary market shopping centers were ailing even before the coronavirus pandemic struck, has put together a plan to sharply reduce its indebtedness in an evident prepackaged ...

Commercial Real Estate Direct Staff Report The $67.2 million loan against the Greenbrier Mall in Chesapeake, Va., has transferred to special servicer C-III Asset Management, according to servicer data compiled by Trepp LLC. The move comes just weeks after the ...

Hull Property Group paid $13 million for the Chesterfield Mall, a troubled 1.3 million-square-foot shopping center in suburban St. Louis. The loan's total exposure was $152.3 million, so the property's sale could result in it suffering a complete loss. The ...

Commercial Real Estate Direct Staff Report The $70.3 million CMBS loan against the Greenbrier Mall in Chesapeake, Va., has been modified, with its rate reduced and term extended through 2019. The loan is securitized through LB-UBS Commercial Mortgage Trust, 2006-C6, ...

The Chapel Hill Mall in Akron, Ohio, has been sold to Kohan Retail Investment Group of Great Neck, N.Y., for $8.6 million, according to the Akron Business Journal. The sale will result in a loss of $64.2 million, or 98.5 ...

St. Louis Business Journal U.S. Bank formally has filed a foreclosure lawsuit against the Chesterfield Mall, which serves as collateral for a $140 million loan that was securitized through LB-UBS Commercial Mortgage Trust, 2006-C6. It had transferred to special servicer ...

Aareal Capital Corp. has provided $133 million of mortgage financing against the Park Square Building, a 495,708-square-foot office property in Boston's Back Bay area. The loan was used to retire $95 million of CMBS debt that became open to prepayment ...

St. Louis Post-Dispatch CBL & Associates Properties said it is evaluating strategic alternatives for the struggling Chesterfield Mall in suburban St. Louis. Those options include a redevelopment or possible sale of the 40 year-old property along Interstate 64. CBL bought ...