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Exits of Oakland sports teams fuel hotel value loss; Macerich refinances mall debt; West Shore completes $533 million apartment refinancing

A weekly look at the commercial mortgage-backed securities business
Hotels around the Oakland Coliseum are having a rough time now that all three professional sports teams, including the Oakland Athletics, have left the campus. (Kirby Lee/Getty Images)
Hotels around the Oakland Coliseum are having a rough time now that all three professional sports teams, including the Oakland Athletics, have left the campus. (Kirby Lee/Getty Images)
CoStar News
October 31, 2024 | 1:54 P.M.

This week’s column examines a sunken Oakland, California, hotel value; a low interest rate for mall debt in Queens, New York; and a $533 million Sun Belt apartment portfolio refinancing. Read the entire piece by clicking “read more” below.

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