URW News: Westfield Lands $925M Loan for Century City Mall - 17th Aug 2023, 9:45am

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Shoppers try on shoes at Westfield Century City in Los Angeles. photo: Christina House / Los Angeles Times via Getty Images

Unibail-Rodamco-Westfield (URW) is set to close a $925 million loan to refinance the Westfield Century City mall in one of the largest CMBS deals in the country this year, and the largest in Los Angeles so far in 2023.

Morgan Stanley (MS)will provide the two-year, floating-rate commercial mortgage-backed securities loan, with the secured overnight financing rate plus 2.92...

>>> Read more: Westfield Lands $925M Loan for Century City Mall
 
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