San FranciscoJan 12, 2024San Francisco Centre’s value falls $1B after Brookfield, Westfield defaultAppraisal for $290M represents a 75% loss for the mostly empty mall in Union Square
Los AngelesJan 10, 2024Distress looms as LA and OC see $21B in CMBS loans come due in 2024Almost 60% of the debt is already watchlisted or in special servicing
Los AngelesJan 8, 2024Craig Realty refis San Clemente Outlets with $140M in loansInsurers PacLife and MetLife provide senior and mezzanine debt for 350K sf mall