Deal Name: 2001-C3

The Southern Hills Mall in Sioux City, Iowa, formally has been placed on the sales block. The property, which backs a $99.7 million CMBS loan, could see a price tag of perhaps $60 million to $65 million. Newmark Knight Frank, ...

LNR Partners, special servicer for the $64.3 million CMBS loan against the Vista Ridge Mall in suburban Dallas, is putting the 28-year-old retail property up for sale through NGKF Capital Markets. The mall is anchored by a Macy's, Dillard's, JCPenney ...

Commercial Real Estate Direct Staff Report The $64.3 million CMBS loan that encumbers the Vista Ridge Mall in the Dallas suburb of Lewisville, Texas, has defaulted, and the property's owner, Rouse Properties Inc. said it was working to turn the ...

Commercial Real Estate Direct Staff Report Three shopping centers owned by Rouse Properties Inc. that back a total of $161.8 million of CMBS debt are expected to be turned over to their respective trusts in deeds-in-lieu of foreclosure. Rouse, which ...

Commercial Real Estate Direct Staff Report The $68.3 million CMBS loan against the Vista Ridge Mall in Lewisville, Texas, has been transferred to special servicing because it's expected to default, according to Fitch Ratings, which highlighted the transfer in a ...

Commercial Real Estate Direct Staff Report Moonbeam Capital Investments paid $13.65 million for the Shoppingtown Mall in Syracuse, N.Y., that had backed $37.2 million of CMBS debt. The Las Vegas investment manager, which buys under-performing properties and nonperforming debt, acquired ...

Commercial Real Estate Direct Staff Report Abu Dhabi Investment Council has acquired a 90 percent stake in Manhattan's famed Chrysler Building for $800 million. The sovereign fund bought the stake from a venture between a Prudential Real Estate Investors fund ...

Standard & Poor's has downgraded four classes of LB-UBS Commercial Mortgage Trust, 2001-C3, because of expected losses from loans in special servicing as well as interest shortfalls. Three of the deal's collateral loans, totaling $39 million, are in special servicing. ...