Southland Center Mall in the Detroit suburb of Taylor, Mich., has been appraised at a value of $66.9 million, down from the $114.4 million appraised value given 10 years ago, when a $78.75 million CMBS loan was written against it. The loan now has a balance of $64.35 million. Separately, the Pierre Bossier Mall in Louisiana has been sold for $15.14 million. It had backed a $39.71 million loan. Both loans are in the collateral pool for UBS-Barclays Commercial Mortgage Trust, 2012-C2.

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