Bloomberg Name: LBUBS 2006-C7

The Triangle Town Center shopping mall in Raleigh, N.C., has sold for $33.25 million - 20 percent more than its most-recent $27.7 million appraised value. The sale, to Kohan Retail Investment Group, resolves $99.46 million of chronically troubled CMBS financing.

Commercial Real Estate Direct Staff Report The $139 million of mortgage debt against the Triangle Town Center, a 1.4 million-square-foot shopping mall in Raleigh, N.C., is expected to default, so the securitized pieces have been transferred to special servicer LNR ...

The CBL & Associates Properties Inc. venture that owns the Triangle Town Center and Commons in Raleigh, N.C., has sold a 90 percent stake in the retail property to DRA Advisors in a deal valuing it at $174 million. CBL, ...

Boston Properties Inc. plans to use a portion of the proceeds from the sale of $1 billion of unsecured notes to retire $211.25 million of financing that encumbers the Fountain Square office and retail property in the Washington, D.C., suburb ...

  Commercial Real Estate Direct Staff Report The $33 million B-note that resulted from the modification of a $116 million CMBS loan against Atlanta's Colony Square mixed-use property recovered $6.8 million from the loan's liquidation, according to Barclays Capital. That's ...

A group of lenders led by SunTrust Bank has provided $115 million of mortgage financing against Colony Square, an 827,252-square-foot office and retail property in Atlanta's midtown area. North American Properties teamed with Lionstone Investments to pay $166 million for ...

  Commercial Real Estate Direct Staff Report The $116 million of modified CMBS financing against Atlanta's Colony Square mixed-use complex should see a smaller loss than previously expected as a result of the property's pending sale. According to analysis by ...

The Cincinnati developer has struck a deal to buy Colony Square, an 872,252-square-foot office/retail property in Atlanta's midtown area. The sale will generate enough proceeds to pay off the A-note of a modified CMBS loan and could very well leave ...

Commercial Real Estate Direct Staff Report The $134.1 million of securitized financing against the Triangle Town Center in Raleigh, N.C., has been transferred to special servicing. The financing, which is securitized through LB-UBS Commercial Mortgage Trust, 2006-C1, and LB-UBS 2006-C7, ...

Boston Properties Inc. is planning to take full ownership of the 756,055-square-foot Fountain Square office and retail property in the Washington, D.C., suburb of Reston, Va. The Boston REIT expects to buy the 50 percent stake it doesn't already own ...