Posts Tagged ‘Default’
Office tea leaves: lease downtown, default on outskirts and half-price deal in Malibu
We had news from across the geographic spectrum of the Los Angeles office world, with significant deals ranging from downtown to its outskirts and all the way west to Malibu. And it wasn’t all distress, so let’s start with the good news. ...
Pimco, Witkoff Firm Default on Santa Monica Apartments Loan
Pacific Investment Management Company and the Witkoff firm have defaulted on a loan of more than $400 million tied to a luxury apartment complex in Santa Monica. The delinquent loan is connected to The Park Santa Monica, a 249-unit residential...
A Los Angeles Default and Sale
Fame, but no fortune? I recently wrote about two pieces of real estate that once upon a time each had a moment in the sun: A beachfront mixed-use property that was home to Snapchat and synonymous with the social media company’s rise, and an ...
