Santa Monica Clock Tower Loan Hits Special Servicing
Commercial Observer
June 17, 2025, 9:35 pm
The $26.7 million commercial mortgage-backed securities (CMBS) loan, tied to the Santa Monica Clock Tower Building, has been transferred to special servicing after missing its maturity date in May, according to a Morningstar report. The 12-story, 1930-built office tower was for a long time the tallest building in Santa Monica.
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