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CommercialFinanceIndustry NewsLos Angeles

City of Los Angeles Eyeing Gas Company Tower for Acquisition

May 7, 20241 Mins read1.2k
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Los Angeles' iconic Gas Company Tower may soon have a new landlord with deep pockets – the City of Los Angeles. The uncertainty surrounding the Gas Company Tower in Downtown Los Angeles continues. After its former owner, Brookfield, defaulted on $350 million in loans, the 52-story high-rise landed in receivership. And now, the building may […]

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