money

2026 planned One Culver Nomura CMBS refinancing

2026-09 2026 Planned / closing not independently confirmed
At a glance

September 2026 reporting based on an S&P Global presale describes a planned $270 million CMBS refinancing of One Culver by Nomura Holdings for the Blackstone/LBA Realty venture. The reported proceeds, together with $45.8 million of equity, were intended to retire $310 million of prior debt and cover approximately $5.8 million in closing costs.

Planned commercial mortgage-backed securities refinancing S&P Global-presale-derived commercial real-estate reporting
What the record shows

Key facts

Amount
$270 million
Address
10000 Washington Boulevard, Culver City, CA
Financial context
Planned CMBS refinancing
Documented amounts
$270 million planned loan · $45.8 million reported equity contribution · $310 million prior debt targeted for retirement · Approximately $5.8 million closing costs
Loan Amount Usd
270000000
Reported Equity Usd
45800000
Prior Debt Usd
310000000
Reported Closing Costs Usd
5800000
Reported Expected Close
2026-10-15
Closing Status
not independently confirmed
Evidence

Sources

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Context note

Sources differ in phrasing around closing status. Commercial Property Executive said the deal was expected to close October 15, 2026; Commercial Observer said the parties were set to close; Commercial Real Estate Direct says the venture lined up the financing. CCR does not mark the loan closed without stronger confirmation.