David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
Bloomberg Name: WFCM 2012-LC5
Hudson Pacific, Macerich Defease $139Mln CMBS Loan Against Westside Pavilion
Commercial Real Estate Direct Staff Report The venture between Hudson Pacific Properties Inc. and Macerich Co. that owns the Westside Pavilion shopping center in West Los Angeles has defeased, or replaced with government securities, the property's $139 million CMBS loan. ...
Macerich/Hudson Pacific Venture Seen Defeasing Westside Pavilion Loan
Commercial Real Estate Direct Staff Report The $140.3 million CMBS loan against the Westside Pavilion shopping center in West Los Angeles is likely to be defeased, or replaced by government securities, by the end of the year. The loan, securitized ...
Large CMBS 2.0 Loan Against Los Angeles Mall Goes to Special Servicer
Commercial Real Estate Direct Staff Report The departure of Macy's and Nordstrom as anchor tenants at the Westside Pavilion shopping center in Los Angeles has prompted the transfer of the property's $142 million CMBS loan to special servicing. The loan ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
