California

Hudson Pacific lands $475m CMBS loan for West Coast office portfolio

The loan is a bright mark for the Los Angeles office market and West Coast offices after an early-year string of trophy refinancings.

C-PACE goes mainstream as originations near $10bn

Nuveen Green Capital’s Jessica Bailey talks about the potential runway for the niche financing strategy.

SDS Capital launches $1bn affordable housing debt platform

The Los Angeles-based manager will provide below-market permanent and construction loans.

Goldman Sachs, Barclays lead $500m San Francisco office refinance

The funding will be used by Uber, Golden State Warriors and Alexandria JV to refinance a pair of office buildings on the Chase Center campus.

PACE Loan Group closes $24m C-PACE renovation deal for LA office tower

Oaktree Capital Management will use the funds to retroactively finance work on the 444 South Flower Street tower.

Los Angeles wildfires threaten $1.27bn in CMBS

Damage from the devastating fires has had a less significant impact on the commercial sector, according to reports from data provider Trepp and rating agencies Fitch and KBRA.

Brookfield originates $484m refinancing for Bay Area life science complex

The JLL-brokered deal for Genesis Marina is backed by a JV between Phase 3 Real Estate Partners and Bain Capital Real Estate.

Tishman Speyer JV taps JPMorgan for $85m industrial construction loan

The loan will be used for the first phase of a 380,000-square-foot industrial park in Irvine, California.

Nuveen Green Capital closes $220m office C-PACE deal

The transaction is a record for the Nuveen affiliate and will be used to recapitalize a Class A office building in San Jose.