CMBS
811 Wilshire Lands Forbearance on $34MM CMBS Loan as 336,000 SQFT Downtown LA Office Tower Sits 36% Occupied
The special servicer on the 20-story office tower at Wilshire Boulevard and Flower Street has signed a short-term forbearance that brought the matured...
Anderson Real Estate Pulls $219MM From Century City’s 940,000 SQFT Anderson Towers in $550MM Refinancing
Anderson Real Estate has lined up a $550 million CMBS loan from Wells Fargo and JPMorgan Chase on its 940,000-square-foot Anderson Towers campus...
RMR-Managed Venture Lands $272MM Refinancing for 330,000 SQFT Cedars-Sinai Medical Office Towers in Los Angeles
A joint venture managed by The RMR Group has swapped a maturing CMBS loan on two Cedars-Sinai-anchored medical office towers on West Third...
Parcel Sales Pare Matured Loan on 2,074,000 SQFT Lakewood Center to $221MM as Pacific Retail Venture Works Out Debt
Pacific Retail Capital Partners' joint venture has used a string of parcel sales to shrink the matured CMBS loan on Lakewood Center to...
Trinity Investments Lands $210MM Citi Refinancing for 531-Key Grand Hyatt Indian Wells Resort & Villas
Trinity Investments has locked in $210 million of floating-rate CMBS debt from Citi on the Grand Hyatt Indian Wells Resort & Villas, a...
$9MM Life Company Refinance Secured for 55,000 SQFT Vail Ranch Town Square Office in Temecula
Gantry secures a $9MM life company loan for Temecula’s 55,000 SF Vail Ranch Town Square, retiring CMBS debt with a cash-out fixed-rate refinance.
Goldman Sachs Buys $280MM Senior Loan on Slatkins’ 327-Key Santa Monica Beach Hotels, Consolidating $400MM Debt Stack
Goldman Sachs has bought the $280 million senior mortgage on Shutters on the Beach and Hotel Casa del Mar out of special servicing,...
Blackstone, LBA Line Up $270MM Nomura CMBS Loan on Apple-Anchored 378,000 SQFT One Culver Campus
Blackstone and LBA Realty are refinancing their Apple- and WeWork-anchored One Culver campus with a $270 million floating-rate CMBS loan from Nomura, a...
Trepp: 41% of San Diego Multifamily Debt Matures Within Two Years, but Refi Outlook Holds
San Diego faces one of the heaviest multifamily loan maturity schedules in the West, with more than 41 percent of its securitized apartment...
Gantry Lands $9MM Life Company Refinance for 100%-Leased 55,000 SQFT Temecula Office Building
Gantry has arranged a $9 million fixed-rate life company loan to retire CMBS debt on Vail Ranch Town Square, a fully occupied medical...
Blackstone, Hudson Pacific Secure 15-Month Extension on $1.1B Hollywood Studio Loan Anchored by Netflix
Lenders on the Blackstone and Hudson Pacific Properties Hollywood studio-and-office portfolio have finalized a loan modification that buys the sponsors 15 more months,...
West Covina and El Cajon Malls Anchor $437MM Starwood Portfolio Back in Special Servicing
The Starwood Regional Mall Portfolio, whose Southern California holdings include Plaza West Covina in the San Gabriel Valley and Parkway Plaza in El...
