Lender Takes Ownership of 142,000 SQFT Village Walk Retail Center in Tarzana Through Deed-in-Lieu of Foreclosure

A deed-in-lieu of foreclosure recorded in early March resolved approximately $68.6 million in unpaid debt on the grocery-anchored shopping center, which had been actively marketed for sale since mid-2025. A deed-in-lieu of foreclosure has transferred ownership of Village Walk, a 142,662-square-foot grocery-anchored retail center at 18700 Ventura Boulevard in Tarzana, from the borrower entity to […]