Vancouver-based Onni Group has secured an extension of a $384M loan on its 1M SF Wilshire Courtyard office campus in L.A.'s Miracle Mile on Wilshire Boulevard.
Natixis is extending the CMBS loan—which was sent to special servicing ahead of its original maturity date in July—until July 2026.
The loan became distressed as Wilshire Courtyard, two six-story brown marble pyramid-shaped buildings that make up one of the largest office campuses in the city, has struggled with half-empty occupancy rates.
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