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

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

August 10, 20263 Mins read403
Share
Finance graphic
Katelyn Perry For Unsplash+
Share

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.

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share
restaurant tables set up Previous post Din Tai Fung Opens 14,000 SQFT Restaurant at Simon's Brea Mall as Redevelopment Nears Final Phases

Featured Content

The Heights at Ponte Vista

The Heights at Ponte Vista Features Four Move In Ready Elevated Townhomes 

ByMay 18, 2026


Recent Posts

Locked self storage unit.

North Palisade Partners Buys 66,000 SQFT El Monte Self-Storage Facility for $19.1MM

ByNovember 8, 2026
office interior

Premier Workspaces Commits to 10-Year, 20,000 SQFT Lease at Irvine Towers Near John Wayne Airport

November 8, 2026
Aerial view of UTC, University City large residential and commercial, San Diego

San Diego Lab Leasing Jumps 157% as Public-Market Cash, Not Venture Capital, Drives Deals

November 8, 2026
hans-reniers-lQGJCMY5qcM-unsplash

San Diego Lab Market Splits by Class and Location as Class B Sheds 163,000 SQFT

November 8, 2026
getty-images-0kdAczYkK6Y-unsplash-cranes

Build-to-Suits Are the Only Lab Construction Left in San Diego

November 8, 2026
movie theater

Alamo Drafthouse Wins Broad Support for Light-Touch Cinerama Dome Restoration, but Bigger Concession Stand Draws Fire

November 8, 2026
Related Articles
office interior
CommercialIndustry NewsLeasingOrange County

Premier Workspaces Commits to 10-Year, 20,000 SQFT Lease at Irvine Towers Near John Wayne Airport

Irvine-based flexible office operator Premier Workspaces has committed to a 10-year lease...

ByNovember 8, 2026
movie theater
AECCommercialIndustry NewsLos Angeles

Alamo Drafthouse Wins Broad Support for Light-Touch Cinerama Dome Restoration, but Bigger Concession Stand Draws Fire

Alamo Drafthouse took its restoration blueprint for the 1963 Cinerama Dome before...

ByNovember 8, 2026
john wayne airport orange county
IndustrialIndustry NewsLeasingOrange County

Undisclosed Tenant Leases Ares’ 137,000 SQFT Irvine Commerce Center, Orange County’s Largest Industrial Lease of Q3

An undisclosed tenant has taken all 136,612 square feet of Ares Management's...

ByNovember 8, 2026
planet-volumes-Ri8IzK5DYCU-unsplash-small industrial
IndustrialIndustry NewsLeasingLos Angeles

Undisclosed Tenant Leases 60,000 SQFT at Goldrich Kest’s 11149 Vanowen Street in North Hollywood

An unnamed tenant has committed to 60,233 square feet at Goldrich Kest's...

ByNovember 8, 2026
© Copyright 2007 - 2025 Mighty Dot Media. All rights reserved.