property

One Culver

Operating property; September 2026 refinancing reported as planned / expected to close
At a glance

One Culver is a 378,377-square-foot office, studio, retail and restaurant campus at 10000 Washington Boulevard. LBA Realty acquired the property in 2014; Blackstone entered through a 2022 recapitalization, and September 2026 reporting based on an S&P Global presale described a planned $270 million Nomura Holdings CMBS refinancing.

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What the record shows

Key facts

Amount
$270 million planned 2026 CMBS refinancing
Address
10000 Washington Boulevard, Culver City
Documented amounts
$270 million planned refinancing · $45.8 million reported equity · $310 million prior debt to be retired · Approximately $5.8 million closing costs
Evidence

Sources

Blackstone Lba Los Angeles Jv Recap One Culver Creative Campus Office Studio Open source → 2023 Commercial Real Estate Awards Best Office Sale Of The Year Open source → Blackstone Lba To Land 270m For La Office Asset Open source → Blackstone Lba Office La Nomura Open source →
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People
Kevin Shannon
Organizations
LBA RealtyBlackstoneNewmarkNomura Holdings
Financial entities
BlackstoneNomura Holdings
Owners
LBA RealtyBlackstone
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Context note

Canonical property record. Public reporting describes a 2022 recapitalization valued at approximately $510 million, with Newmark advising LBA Realty and Blackstone entering as a joint-venture/partial-interest investor. September 2026 reporting based on an S&P Global presale describes a planned $270 million Nomura Holdings CMBS refinancing. Commercial Property Executive says the debt was expected to close October 15, 2026, while Commercial Observer on September 30 described the parties as set to close; CCR therefore treats the refinancing as planned/unconfirmed unless a stronger closing source is added.

People
Kevin Shannon
Organizations
LBA RealtyBlackstoneNewmarkNomura Holdings
Events
2022 One Culver Recapitalization2026 planned One Culver CMBS refinancing
Relationships
Blackstone / LBA Realty ↔ Nomura Holdings — planned 2026 One Culver refinancing
Financial entities
BlackstoneNomura Holdings
Owners
LBA RealtyBlackstone
Categories
Creative office campusStudio spaceCommercial real estate
Themes
Joint ventureRecapitalizationCulver City commercial real estateCommercial mortgage-backed securitiesRefinancing
Money context
$270 million planned Nomura CMBS refinancing$45.8 million reported equity contribution accompanying refinancing$310 million prior debt targeted for retirement
Financing
2026 planned $270 million Nomura CMBS refinancing
Addresses
10000 Washington Boulevard, Culver City, CA
Amounts
$270 million planned refinancing$45.8 million reported equity$310 million prior debt to be retiredApproximately $5.8 million closing costs