Anderson lands LA’s biggest refi this year with $550M deal for office towers

Anderson Real Estate secured $550 million in refinancing for two Century City office buildings in one of the largest such deals across the country this year.  The Century City-based firm refinanced the Anderson Towers campus at 1800 and 1900 Avenue of the Stars, Commercial Observer reported. Wells Fargo led the financing with J.P. Morgan Chase as the secondary lender. The $550 million figure makes it one of the nation’s priciest office financing deals this year, according to CoStar.  The financing package will retire roughly $300 million of debt, pay for tenant-related obligations, and enable ownership to pull $219 million from […]

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