Macerich Refinances Arizona Mall: Goldman Sachs is heading to market with a portion of a $700 million loan in a single-borrower, single-property commercial mortgage-backed securities deal — the first such mall-backed offering since August, according to CoStar data. The $500 million SCOTT Trust 2023-SFS deal is secured by Macerich’s 2.1 million-square-foot Scottsdale Fashion Square in Scottsdale, Arizona.
Macerich Refinances Arizona Mall, CBL Works Through $231 Million in Debt, Whittled Down La Quinta Portfolio Refinanced
A Weekly Look at the Commercial Mortgage-Backed Securities Business
CoStar News
March 2, 2023 | 2:32 P.M.
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IN THIS ARTICLE
- Properties
- La Quinta Inn & Suites by Wyndham San Antonio
303 Blum St, San Antonio, TX
- La Quinta Inn & Suites by Wyndham Colorado
2750 Geyser Dr, Colorado Springs, CO
- West County Center
80 West County Ctr, Des Peres, MO
- WestGate Mall
205 Blackstock Rd, Spartanburg, SC
- Companies
- CBL & Associates Properties, Inc.
Real Estate
- The Macerich Company
Real Estate
- Cerberus Capital Management, L.P.
Finance and Insurance