LA Suburban Office, The Lease Rollover Crisis Nobody Sees Coming

Podcast: Commercial Real Estate Investment Conference Podcast (CREIC) · Commercial Real Estate Investment Conference

Opublikowano: 2026-09-04

One point six billion dollars in Los Angeles suburban office CMBS loans face a hidden timing problem. The largest tenant's lease expires before the loan matures. That's a refinancing calculation nobody sees until it's too late. This episode breaks down the Trepp data on 46% of suburban LA office balances sitting on a lease expiration calendar. When Activision leaves 5454 Beethoven Street one month before the $33M loan matures, or when Princess Cruises fully exits Valencia properties, the refinance models that looked solid three months earlier suddenly collapse. Urban office already taught us this lesson. Wilshire Courtyard, One California...