Deal Name: LB-UBS Commercial Mortgage Trust

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 ...

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 ...

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 ...

New York Post D.E. Shaw Group has renewed and expanded its office lease at 1166 Avenue of the Americas, a 1.6 million-sf property in midtown Manhattan. The company now occupies 195,375 sf, from 73,986 sf. It was represented in the ...

BizNow Tishman Speyer is redeveloping Presidential Plaza, a 113,000-square-foot office building at 900 19th St NW, Washington D.C. A glass facade will be added to the 37-year-old building, whose lobby and elevators will be redone. It also will get a fitness ...

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 $156.7 million CMBS loan against the UBS Center in Stamford, Conn., has transferred to special servicing because of a non-monetary default. The transfer, highlighted in a TreppWire report, was expected, given that its ...

The CBL & Associates Properties Inc. venture that owns the Triangle Town Center and Commons in Raleigh, N.C., has sold a 90 percent stake in the retail property to DRA Advisors in a deal valuing it at $174 million. CBL, ...

Commercial Real Estate Direct Staff Report CBL & Associates Properties Inc., which last September had agreed to sell an 85 percent stake in the 1.3 million-square-foot Triangle Town Center and Place in Raleigh, N.C., to DRA Advisors, is now looking ...

Boston Properties Inc. plans to use a portion of the proceeds from the sale of $1 billion of unsecured notes to retire $211.25 million of financing that encumbers the Fountain Square office and retail property in the Washington, D.C., suburb ...