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Home Commercial Enterprise Bank Acquires 88,000 SQFT Laguna Beach Arts Portfolio for $5.2MM in Foreclosure Sale
CommercialFinanceIndustry NewsOrange County

Enterprise Bank Acquires 88,000 SQFT Laguna Beach Arts Portfolio for $5.2MM in Foreclosure Sale

January 8, 20262 Mins read1.2k
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Photo by Laura Cleffmann on Unsplash
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Former cultural hub along Laguna Canyon Road changes hands after $29 million default Distressed commercial real estate transactions can reshape entire districts, and Laguna Beach's arts corridor experienced that shift in October when a prominent mixed-use portfolio transferred to a lender through foreclosure. Enterprise Bank and Trust acquired an 88,000-square-foot collection of properties along Laguna […]

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