Deal Name: 2014-UBS2

Commercial Real Estate Direct Staff Report Canyon Crossing, a 295,949-square-foot shopping center in Riverside, Calif., was appraised at a value of $49 million last October, down from $62.9 million in 2013, when a $44.7 million CMBS loan was written against ...

Commercial Real Estate Direct Staff Report Special servicer LNR Partners has taken Canyon Crossing in Riverside, Calif., by foreclosing against the $43.5 million CMBS loan against the retail property. The loan, securitized through COMM, 2014-UBS2, had transferred to the company ...

Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded the $20.1 million class F of COMM, 2014-UBS2, to B- from B because of concerns that three large loans in the deal's collateral pool could result in losses ...

Commercial Real Estate Direct Staff Report LNR Partners has put the $24.8 million CMBS loan against the Creekside mixed-use development in the Gahanna, Ohio, on the sales block. The loan, which has been with the Miami special servicer since last ...

The owner of a mixed-use property in Gahanna, Ohio, has sued special servicer LNR Partners, alleging it obstructed its access to a reserve fund. As a result of what the property's owner said was LNR's refusal to give it access ...

Crain's Chicago Business The German American Capital Corp. subsidiary of Deutsche Bank provided $60 million of debt against 150,000 square feet of retail condominium space at One North State St. in Chicago. The loan, which has a 4.6 percent coupon ...

Class Amt $mln Sub Level% Avg Life (yrs) Rating Moody's Rating DBRS Rating Kroll Pricing % Final Pricing (bp) Bnch mark A-1 50.03 30.00 2.86 Aaa AAA AAA 100.00 +55 swaps A-2 110.59 30.00 4.87 Aaa AAA AAA 102.998 +65 ...