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Home Finance Parcel Sales Pare Matured Loan on 2,074,000 SQFT Lakewood Center to $221MM as Pacific Retail Venture Works Out Debt
FinanceIndustry NewsLos AngelesRetail

Parcel Sales Pare Matured Loan on 2,074,000 SQFT Lakewood Center to $221MM as Pacific Retail Venture Works Out Debt

October 15, 20263 Mins read9
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Pacific Retail Capital Partners' joint venture has used a string of parcel sales to shrink the matured CMBS loan on Lakewood Center to $221.4 million, buying time with special servicer Midland Loan Services to refinance the rest of the 2.07 million-square-foot Los Angeles County mall.

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