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CommercialFinanceIndustry NewsLeasingLos Angeles

Blackstone’s $195MM Tower at Burbank Loan Lands on CMBS Watchlist as Office Occupancy Slides to 73%

Morningstar Credit has flagged the $195 million loan on Blackstone’s Tower at Burbank office property for occupancy erosion, as a signature entertainment-district tower...

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CommercialFinanceIndustry NewsLeasingOrange County

131,000 SQFT Merge Office Campus in Westminster Faces 41% Value Decline, Enters Special Servicing on $15.5MM CMBS Loan

The 130,800-square-foot suburban office park on the Los Angeles–Orange County border is now appraised at just $16.4 million, barely above its outstanding loan...

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