Monday, 3 August 2020

TRD Insights: Here’s what tenants pay at LA’s massive City National Plaza

City National Plaza office complex in Downtown Los Angeles received a $550 million refinancing from Morgan Stanley and Goldman Sachs in late March, just as the CMBS market seized up in response to the coronavirus pandemic. Two months later, as the market began to recover, a $330 million piece of that loan was included in a single-borrower transaction known as MSC 2020-CNP, while smaller pieces have been included in several other conduit deals. Financial disclosures



source https://therealdeal.com/2020/08/03/trd-insights-heres-what-tenants-pay-at-las-massive-city-national-plaza/

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