Home Finance Claros Affiliate Sets Dec. 3 Foreclosure Sale of Pimco, Witkoff’s 249-Unit Park Santa Monica as Debt Climbs to $513.7MM
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Claros Affiliate Sets Dec. 3 Foreclosure Sale of Pimco, Witkoff’s 249-Unit Park Santa Monica as Debt Climbs to $513.7MM

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Santa Monica 3rd Street Promenade
Photo by Derick McKinney on Unsplash
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A Claros Mortgage Trust affiliate has scheduled a Dec. 3 trustee's sale of The Park Santa Monica, the 249-unit luxury tower at 500 Broadway owned by Pimco and The Witkoff Group, after the debt on the property swelled to an estimated $513.7 million.

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