Deal Name: 2002-PB2

The sale of the Regency Square Mall in Richmond, Va., resulted in a loss of $65.2 million to the CMBS trust that had held a $69.3 million loan against 450,000 square feet of the 820,000-sf property, according to TreppWire. The ...

Regency Square, a troubled shopping mall in Richmond, Va., has been put up for sale by LNR Partners Inc., which has been handling it as special servicer since 2010. The property, which had served as collateral for a $69.5 million ...

Commercial Real Estate Direct Staff Report Taubman Centers Inc. has turned over to its lender, in a deed-in-lieu of foreclosure, the Regency Square Mall in Richmond, Va. The property was encumbered by a $71.5 million mortgage that had matured last ...

Richmond BizSense Taubman Centers is shopping the Regency Square Mall in Richmond, Va., in the hopes of selling it through a short sale. The Bloomfield Hills, Mich., REIT had announced last year that it would stop making payments against the ...

Taubman Centers Inc., which today said it would stop funding the debt-service shortfalls of the Pier Shops at Caesars, also said that it had written down the value of Regency Square, a 1.1 million-square-foot shopping mall in Richmond, Va.But the ...

Standard & Poor's has upgraded 10 classes of Banc of America Commercial Mortgage Inc., 2002-PB2, because of improved subordination levels.The deal's collateral balance is $1.04 billion, compared with $1.12 billion at issuance. In addition, three loans totaling 5.5 percent of ...

March 1, 2005 Moody's Investors Service has downgraded two classes of Banc of America Commercial Mortgage Inc., 2002-PB2, because of losses from loans in special servicing.The rating agency downgraded the deal's: – $19.7 million class L to Ba3 from Ba2 ...

August 21, 2002 Class Amt ($mln) Sub. Level (%) Avg. Life (yrs) Rating S&P Rating Fitch Price Talk (bp) Bnch mark A-1 107.7 18.625 3 AAA AAA +34-35 Swaps A-2 316 18.625 7 AAA AAA +45-46 Swaps A-3 980.1 18.625 ...

May 10, 2002 Class Amt ($mln) Sub. Rate (%) Rating Moody's Rating S&P Avg. Life Price Talk Priced Bench mark A-1 63.2 22.5 Aaa AAA 2.5 +34 area +32 Swaps A-2 172.1 22.5 Aaa AAA 5.75 +42 area +42 Swaps ...

May 6, 2002 Class Amt ($mln) Sub. Rate (%) Rating Moody's Rating S&P Avg. Life Price Talk Bench mark A-1 63.2 22.5 Aaa AAA 2.5 +34 area Swaps A-2 172.1 22.5 Aaa AAA 5.75 +42 area Swaps A-3 90.9 22.5 ...