Major Real Estate Moves: Macerich’s $340M Loan and Manhattan’s $205M Office Deal

In today's episode, we delve into significant real estate transactions reshaping the market. Macerich secures a $340 million mortgage for a Portland shopping mall, signaling confidence in retail real estate. Meanwhile, MKF Realty's $205 million acquisition of a Manhattan office property highlights renewed investor interest in prime urban office spaces. Plus, a $55 million refinancing deal for Shaw Park Plaza in St. Louis suggests a shift in lender attitudes towards suburban office properties. Join us for an in-depth analysis of these pivotal deals and their implications for the commercial real estate landscape.

Sources:
https://crenews.com/2025/05/16/macerich-gets-340mln-loan-for-portland-ore-shopping-mall/
https://news.theregistryps.com/macerich-secures-340mm-financing-for-washington-square-mall-in-tigard-as-part-of-portfolio-optimization/
https://crenews.com
https://news.theregistryps.com/despite-50-1mm-q1-net-loss-macerich-shows-signs-of-recovery-with-major-financing-deals/
https://www.streetinsider.com/SEC+Filings/Form++FWP++++++++BMO+2025-C12+Mortgage++++++++++++++++++Filed+by:+BMO+Commercial+Mortgage+Securities+LLC/24809356.html
https://commercialobserver.com/2025/05/mfk-realty-buying-vornados-512-west-22nd-street-205m/
https://crenews.com/2025/05/15/mkf-realty-to-pay-205mln-for-manhattan-office/
https://www.bizjournals.com/newyork/news/2025/05/15/vornado-chelsea-manhattan-office-space-512-w-22nd.html
https://www.bisnow.com/new-york/news/office/vornado-and-the-albanese-org-sell-chelsea-office-for-205m-129391
https://crenews.com/2025/05/16/apartment-buildings-in-manhattans-union-square-sell-for-26mln/
https://commercialobserver.com/2025/05/55m-refi-st-louis-missouri-office-building/
https://traded.co/deals/missouri/office/loan/1-north-brentwood-boulevard/
https://commercialobserver.com/2025/05/bank-montreal-35m-refi-williamsburg-brooklyn-multifamily/
https://crenews.com/2025/05/16/goldman-barclays-lend-167mln-for-land-beneath-manhattans-32-old-slip-office/
https://crenews.com