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Home Commercial Kelemen Faces Foreclosure on 335,000 SQFT Irvine Atrium After $80MM Loan Matures Unpaid
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Kelemen Faces Foreclosure on 335,000 SQFT Irvine Atrium After $80MM Loan Matures Unpaid

August 10, 20263 Mins read338
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Claros Mortgage Trust has moved to force a trustee's sale of the Kelemen Company's twin-tower Atrium office complex near John Wayne Airport after the $80 million mortgage on the property reached its maturity date last August without being repaid, leaving the Irvine landlord owing nearly $106 million on a building the county assesses at $66.3 million.

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