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rendering of apartment with couch and shelves
FinanceIndustry NewsLos AngelesResidentialRetail

Fallas Family Defaults on $31.8MM CMBS Loan at Historic 88-Unit Metropolitan Building in Downtown Los Angeles

Vacant retail space left behind by the family’s bankrupt discount chain drives the mixed-use landmark into special servicing as the property hits the...

Los Angeles skyline
FinanceIndustry NewsLos AngelesResidential

MetLife Sells 152-Unit LA Apartment Tower at 717 W Olympic for $69MM

Buyer secures $56.8 million financing as downtown market faces elevated vacancy and supply pressures MetLife has offloaded a 22-story apartment tower in Downtown...

Aerial view of the Marina del Rey harbor in LA
FinanceIndustry NewsLos AngelesResidential

198-Unit Marina del Rey Waterfront Complex Sells to APW Avenue Group for $62MM in Rare Transaction

Villa Del Mar’s sale marks first waterfront multifamily deal in the area since 2019 A luxury waterfront apartment complex in Marina del Rey...

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