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Office: rates & lending
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Blackstone, LBA Land $270M Office Refi in L.A.’s Culver CityBlackstone and LBA Realty are set to close a $270 million commercial mortgage-backed securities refinancing for an office campus in Southern California’s Culver City.
J.P. Morgan Snags £1B Loan For Spitalfields Office RedevelopmentING and DBS provided £1B to redevelop One Spitalfields, offering 700K SF of office space, pre-let secured.
BWE Secures $42.5M Refi for Historic Nashville BuildingBWE secured $42.5 million to refinance the Baggage Building, a Class A mixed-use office and retail property that has an iconic place in Nashville’s storied history. DZL was the sponsor. BWE’s Nick Harb arranged the financing.
Investor Duo Obtains $270M Refi on 387K-SF Culver City Office PropertyBlackstone and LBA Realty are ready to close on a $270 million CMBS refinancing for One Culver, an 8-story office building in Culver City, a town teeming with prominent companies. The 378,377-square-foot office property is near Apple’s 536,000-square-foot office building.
Foreclosure Auction on Horizon for Dallas Highrise2100 Ross Ave., a 33-story office tower in downtown Dallas’ Arts District, could face a foreclosure auction. The Dallas Business Journal reports its owners may have defaulted on a $79 million loan.
At Connect Apartments 2026, Experts See “Generational Buying Opportunities”Against a backdrop of high interest rates, inflation and the conflict in Iran, the “tale of two markets” scenario that began in the post-pandemic office sector now encompasses multifamily, Trepp’s Lonnie Hendry told the audience at Connect Apartments 2026 in Los Angeles.
Unpaid $79M Loan Puts Downtown Dallas Office Tower At Risk of ForeclosureA Dallas office tower may face foreclosure over an unpaid $79M loan, threatening its future.
New York Life Provides $386M Loan for Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — New York Life Insurance has provided a $386 million loan for the refinancing of 200 Madison Avenue, a 750,000-square-foot office building in Midtown Manhattan. The 26-story building was originally constructed in 1926.
Gantry Secures $9M Permanent Loan for Office Building in Temecula, CaliforniaTEMECULA, CALIF. — Gantry has secured a $9 million life company loan to retire a CMBS loan on Vail Ranch Town Square, a low-rise office building in Temecula.
50% Of LA Office Sales Closed At A Loss In The Last YearFifty percent of LA metro office sales between Q2 2025 and Q2 2026 incurred losses due to lender-driven distress in the market.
Newmark Arranges $85M Refi on Mixed-Use SoHo PropertyNewmark arranged an $85-million loan on behalf of InterVest Capital Partners to refinance 300 Lafayette St., a boutique mixed-use office and retail property in Manhattan’s SoHo neighborhood. Hudson Bay Capital provided the financing.
George Comfort & Sons Refinances 200 Madison for $386MGeorge Comfort & Sons, and its partners Loeb Partners Realty and Jamestown, completed a $386-million refinancing of 200 Madison Ave., a 750,000-square-foot Grand Central district office tower.
New York Life Provides $386M Refi for 200 Madison AvenueA joint venture between George Comfort & Sons, Loeb Partners Realty and Jamestown has secured a $386 million loan to refinance its Midtown East office tower at 200 Madison Avenue, Commercial Observer has learned.
Fiserv Office Loan Moves To Special Servicing With Lease Expiration LoomingFiserv's Alpharetta lease is slated to expire in August 2027.
Center City Office Building Faces 34% Valuation Cut Amid Foreclosure ProcessThe lender and borrower are clashing over foreclosure proceedings at Four Penn Center in Philadelphia.
Gantry Arranges Life Company Loan on Temecula OfficesGantry has secured a $9-million life company loan to retire a CMBS loan on Vail Ranch Town Square, a low-rise suburban office building located at 32605 Temecula Pkwy. in Temecula.
100 Gold Street Conversion Boosted to Yield 4,000 Housing UnitsThe office-to-residential conversion of 100 Gold Street in Manhattan’s Financial District is looking to be bigger than expected.
Newmark Arranges Acquisition Financing for 1.7 MSF BRiC Office Campus in South FloridaBOCA RATON, FLA. — Newmark has arranged an undisclosed amount of acquisition financing for Boca Raton Innovation Campus (BRiC), a 1.7 million-square-foot office and research-and-development campus located at 5000 T-Rex Ave. in Boca Raton.
Rivani Lands $114M Refi For Playboy HQ Building: The South Florida Deal SheetRobert Rivani finalized $114.3M to refinance a Miami Beach mixed-use project he touted as offering "Class-X" office.
RIVANI Lands $114.3M Refi on Miami Beach Office/Retail ProjectRIVANI obtained a $114.3 refinancing of a newly completed 165,170 square foot office and retail destination near Lincoln Road in Miami Beach. Berkadia’s Brad Williamson, Scott Wadler, Michael Basinski, Mitch Sinberg and Matthew Robbins secured the financing on behalf of RIVANI.