Brookfield Asset Management is once again in hot water with a lender for a big downtown Los Angeles office tower. The alternative investment giant’s lender for its 1.4…
Read more Brookfield’s $400M DTLA Office Loan Heads to Special ServicerMetLife Investment Management foreclosed on an El Segundo office building owned by Starwood Capital and Artisan Ventures, The Real Deal has learned. MetLife paid $72.8 million for 1960…
Read more MetLife Forecloses on Starwood, Artisan Office in El SegundoTushar Patel, the Orange County hotelier who once ranked as the second-largest property owner in Anaheim behind Disney, has fallen behind on an $80 million loan tied to…
Read more Orange County Hotelier Falls Behind on Anaheim Marriott LoanBrookfield Properties’ deal to sell 777 South Figueroa Street, a 1 million-square-foot office tower in Downtown Los Angeles, has fallen apart, according to sources familiar with the matter. …
Read more Brookfield Deal to Sell 777 Tower in Downtown LA CollapsesBank of Southern California has listed three apartment complexes in Santa Monica for sale — properties formerly owned by developer Neil Shekhter, The Real Deal has learned. NMS…
Read more Bank of SoCal Lists Santa Monica Apartments for SaleStarwood Capital and Artisan Ventures are on the brink of losing a 257,000-square-foot office building in El Segundo, The Real Deal has learned. The firms have defaulted on…
Read more Starwood, Artisan Default on El Segundo Office LoanMacFarlane Partners’ Landon Taylor and GH Palmer Associates’ Geoff Palmer with 427 West 5th Street (MacFarlane Partners, Getty, Google Maps) UPDATED, Feb. 2, 2024, 12:13 p.m.: When MacFarlane…
Read more LA Apartment Owners Feel Rising Debt DistressHeavy trading in SVB Financial Group’s SIVB, debt pulled its BBB-rated 10-year bonds as low as 31 cents on the dollar on Friday after subsidiary Silicon Valley Bank…
Read more SVB Financial bonds sink to 31 cents on the dollar after failure of Silicon Valley Bank
