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Home AEC Sandstone’s 176-Unit Los Angeles Apartment Project Faces Foreclosure Following Default on $97MM Loan
AECFinanceIndustry NewsLos AngelesResidential

Sandstone’s 176-Unit Los Angeles Apartment Project Faces Foreclosure Following Default on $97MM Loan

August 17, 20231 Mins read1.6k
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By The Registry Staff Sandstone Properties, the developer behind the ambitious Silicon Beach Live apartment complex project in Westchester near Playa del Rey, is facing imminent foreclosure after defaulting on a substantial $97 million loan tied to the venture. The move comes as TPG RE Finance Trust, a publicly traded firm with backing from private […]

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