CMBS
Macerich’s 2026 Playbook Shows the Mall Market Splitting Into Trophies and Holdouts
Macerich's third-quarter results read like a field guide to the 2026 mall market, with the REIT buying malls again, swapping 6.6 percent mortgage...
Goldman Sachs-Led Lenders Set Nov. 24 Foreclosure Auction of Hackman’s 55-Acre Radford Studio Center, Seeking $1.3B
A Goldman Sachs-led lender group has scheduled a Nov. 24 trustee's sale of Hackman Capital Partners' 55-acre Radford Studio Center in Studio City,...
Hudson Pacific Seeks Netflix Extension Past 2031 on 722,000 SQFT of Hollywood Offices as $1B California Film Credit Push Offers Stages a Lift
Hudson Pacific Properties told investors on its third-quarter call that it hopes to reach some resolution with Netflix by year-end on extending the...
Macerich Cuts Q3 Loss to $16.7MM as $463.4MM Los Cerritos Loan Becomes Its Next Southern California Test
Macerich narrowed its third-quarter loss to $16.7 million on asset-sale gains and rising mall income, while its shrinking Southern California footprint, now led...
Macerich Filing Shows Pacific Retail, Conversant Paid $69.7MM for 884,000 SQFT Pacific View Mall in Ventura by Assuming Its Loan
A Macerich securities filing shows the Pacific Retail Capital Partners and Conversant Capital venture paid $69.7 million for Ventura's Pacific View Mall, the...
Mani Brothers Scoop Up Santa Monica’s 55,000 SQFT Clock Tower Building for $28.5MM, Half Rockwood’s 2019 Price
An entity tied to the Mani brothers has taken the century-old Clock Tower Building at 225 Santa Monica Blvd. out of receivership for...
Apple Renewal Clears Path for $46MM Payoff on 204,000 SQFT Summit Rancho Bernardo Office in San Diego
The CMBS loan on Summit Rancho Bernardo, which slid into special servicing in 2024 because lenders would not refinance around Apple's lease termination...
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...
