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Creative Media & Community Trust receives maturity default notice on $97.1 million 1 Kaiser Plaza mortgage loan

PUBT·07/15/2026 21:02:55
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Creative Media & Community Trust receives maturity default notice on $97.1 million 1 Kaiser Plaza mortgage loan
  • Creative Media & Community Trust received a maturity-default notice on a non-recourse mortgage tied to 1 Kaiser Plaza.
  • The loan matured July 1, 2026; the lender demanded immediate repayment of matured indebtedness following non-payment at maturity.
  • Outstanding principal balance totaled $97.1 million as of the filing date; monthly interest payments remained current.
  • The company declined to invest additional capital needed to refinance; it is working with the special servicer on a long-term resolution.
  • The notice said property rents and income are now the lender’s property; default interest can rise to 9.14% per year, subject to legal limits.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Creative Media & Community Trust Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000908311-26-000077), on July 15, 2026, and is solely responsible for the information contained therein.