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Home Commercial $240MM Defaulted Loan on 22-Acre Manhattan Beach Studios Hits Market as Foreclosure Looms in South Bay
CommercialFinanceIndustry NewsLeasingLos Angeles

$240MM Defaulted Loan on 22-Acre Manhattan Beach Studios Hits Market as Foreclosure Looms in South Bay

June 24, 20263 Mins read812
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Manhattan Beach
Photo by Gerson Repreza on Unsplash
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The $240 million loan secured by Manhattan Beach Studios is up for sale just weeks after the lender filed to foreclose on the 22-acre campus, putting one of coastal Los Angeles' largest film lots into play as the debt sits in default. The note is tied to Manhattan Beach Studios at 1600 Rosecrans Avenue, and […]

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