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Home Commercial Jade Enterprises’ 100,000 SQFT Sawtelle Office Building Faces Foreclosure After $33MM CMBS Default in West LA
CommercialFinanceIndustry NewsLeasingLos Angeles

Jade Enterprises’ 100,000 SQFT Sawtelle Office Building Faces Foreclosure After $33MM CMBS Default in West LA

August 31, 20263 Mins read388
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A commercial mortgage-backed securities trust has moved to force the sale of Jade Enterprises' three-story red-brick office building at 1950 Sawtelle Boulevard, recording a notice of default after the borrower fell more than $32.9 million behind on a loan that dates to 2015.

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