Essapour Wins Defaulted $27MM Note on 153,758-SQFT 626 Wilshire Office Tower in Downtown LA

A Los Angeles investor steps into the lender position on Barker Pacific Group's Financial District tower, where a global data-center anchor and a sub-$150-per-foot basis frame an unusual distressed-office play. Los Angeles investor Farzad Essapour has acquired the non-performing senior mortgage on 626 Wilshire Boulevard, a 12-story, 153,758-square-foot office tower in Downtown Los Angeles' Financial […]