Deal Name: 2006-C6

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 Midland Mall, which had been encumbered by a $32 million mortgage securitized through LB-UBS Commercial Mortgage Trust, 2006-C6, has been appraised at a value of just $8.9 million. That compares with an appraised ...

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 ...

Commercial Real Estate Direct Staff Report The $140 million CMBS loan against the Chesterfield Mall in suburban St. Louis has been classified as being in foreclosure. The loan, commonly referred to as Westfield Chesterfield, is securitized through LB-UBS Commercial Mortgage ...

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 ...

Commercial Real Estate Direct Staff Report The appraised value of the Chapel Hill Mall in Akron, Ohio, has been reduced yet again. The 866,217-square-foot enclosed shopping center was encumbered by a $66.2 million loan that had been securitized through LB-UBS ...