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CommercialFinanceIndustry NewsLos Angeles

Kam Sang Takes Title to 1,159,000 SQFT Wells Fargo Center South in DTLA via Deed-in-Lieu, Lands $68MM East West Bank Loan

Los Angeles County records show Kam Sang Company's New Age 355 took title to Wells Fargo Center South from a Brookfield entity through...

Los Angeles California Golden hour
CommercialFinanceIndustry NewsLos Angeles

Kam Sang Affiliate Buys $290MM Loan on 1,159,000 SQFT Wells Fargo Center South in Downtown LA for About $115MM

An affiliate of Arcadia-based developer Kam Sang Company has taken over the $290 million mortgage on Wells Fargo Center South, the 45-story Bunker...

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CommercialFeaturedIndustry NewsLeasingLos Angeles

Los Angeles Office Occupancy Slides to 46.5% as National Attendance Holds Flat

Los Angeles gave back 1.2 percentage points of office attendance in the latest Kastle Systems Back to Work Barometer while the national average...

Los Angeles skyline
CommercialFinanceIndustry NewsLos Angeles

Capital Group Buys Its 55-Story DTLA HQ at 333 South Hope for $210MM in Largest LA Office Sale of 2026

Capital Group has completed the acquisition of its longtime downtown Los Angeles headquarters at 333 South Hope Street, paying $210 million for the...

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CommercialFinanceIndustry NewsLos Angeles

601W Companies Lands 1.4MM-SQFT Wells Fargo Center North Tower in Downtown LA on $132MM Northwind Loan

601W Companies has acquired the distressed 55-story Wells Fargo Center North Tower in Downtown Los Angeles, financed by a $132 million first-mortgage loan...

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FinanceIndustry NewsLos AngelesRetail

JH Real Estate Partners Lands FIGat7th in High-$60MM Deal as Brookfield Exits Downtown LA Retail

Newport Beach-based JH Real Estate Partners has acquired the 330,000-square-foot FIGat7th retail center in Downtown Los Angeles from Brookfield for a price in...

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CommercialFinanceIndustry NewsLeasingLos Angeles

Essapour Wins Defaulted $27MM Note on 153,758-SQFT 626 Wilshire Office Tower in Downtown LA

A Los Angeles investor steps into the lender position on Barker Pacific Group's Financial District tower, where a global data-center anchor and a...

Los Angeles skyline
CommercialFinanceIndustry NewsLos Angeles

Capital Group Acquires 1.4MM SQFT Bank of America Plaza in Downtown Los Angeles for ~$210MM

The investment management giant purchases its longtime Bunker Hill headquarters from a distressed Brookfield portfolio at roughly $150 per square foot Capital Group,...

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CommercialFinanceIndustry NewsLos Angeles

Brookfield’s Downtown LA Empire Crumbles as 1.4MM SQFT Bank of America Plaza Debt Hits Market

Latest distressed offering signals deepening crisis in nation's most troubled office market Another trophy tower in Brookfield Asset Management's downtown Los Angeles portfolio...

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AECCommercialFinanceIndustry NewsLos Angeles

Los Angeles Office Market Sees Mixed Signals as Trophy Assets Outperform and Construction Hits Multi-Year Low

The Los Angeles office market offered a mixed outlook in the first quarter of 2025, as ongoing economic headwinds and persistent hybrid work...

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CommercialFeaturedIndustry NewsLos Angeles

Brookfield’s EY Plaza & Bank of America Plaza in LA See Valuations Drop by Two-Thirds Amid Market Woes

The value of two iconic office towers in Downtown Los Angeles, owned or tied to Brookfield, has plummeted dramatically, reflecting a broader struggle...

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FinanceIndustry NewsLos Angeles

Brookfield Asset Management $400MM Loan Transferred to Special Server

By Lilly Riddle The Bank of America Plaza, a symbol of Los Angeles' financial district, is facing challenges as its owner, Brookfield Asset...

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