Deal Name: LB-UBS Commercial Mortgage Trust

Following is a list of recent downgrades by Fitch Ratings: Deal Name Current Pool Bal. $mln Orig. Pool Bal $mln DXMark (collateral value, % of par)* Class Size $mln Fitch's New Rating Fitch's Old Rating Notes LB-UBS Commercial Mortgage Trust, ...

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 ...

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 ...

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 ...

Capital One has provided $175 million of mortgage financing against 600 Third Ave., a 575,000-square-foot office building in midtown Manhattan. The three-year loan, which could be extended by up to two additional one-year terms, allowed the property's owner, a venture ...

The Chapel Hills Mall in Colorado Springs, Colo., is being offered for sale by its lender, seven years after its previous lender had orchestrated its $70.7 million sale. Inline tenants at the property, which was developed by GGP Inc., generate ...

Commercial Real Estate Direct Staff Report The 543,951-square-foot office building at 707 Broad St. in Newark, N.J., has been appraised at a value of $39.8 million - just less than the $40.6 million that remains outstanding on the CMBS loan ...

Minneapolis Star Tribune PCCP LLC has defaulted on a $62.15 million loan against the Northstar Center in downtown Minneapolis, and the debt is now in foreclosure. The property is scheduled to be sold at a Jan. 18 sheriff's sale. 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 ...

The River Valley Mall, a 521,578-square-foot shopping center in Lancaster, Ohio, that had backed a $44.5 million CMBS mortgage that went delinquent nearly two years ago, has been sold for $19.4 million. The property was sold to G.L. "Buck" Harris, ...