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Los Angeles California Golden hour
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...

Downtown Los Angeles at Twilight
CommercialFeaturedFinanceIndustry NewsLos Angeles

Owner-Users and Conversions Pull 1.48MM SQFT From LA’s Office Market, Nudging Vacancy Down Despite Losses

Los Angeles office vacancy slipped to 25.3 percent in the third quarter not because tenants took more space but because CBRE removed 1.48...

Los Angeles
CommercialFinanceIndustry NewsLos AngelesRetail

The Bloc’s 1,400,000 SQFT Office, Retail and Parking Hit the Market in Downtown Los Angeles as Pricing Firms

The office tower, open-air retail and parking garage at The Bloc, the full-block campus at 7th and Flower streets that was bought for...

LA skyline
CommercialFinanceIndustry NewsLeasingLos Angeles

Colliers Markets Defaulted Senior Loan on 969,000 SQFT EY Plaza as Owner-Users Reshape Downtown Los Angeles

Colliers has begun marketing the senior loan secured by EY Plaza, the 41-story Financial District tower operating under a court-appointed receiver, as a...

Worker in an office
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...

Skyline of Los Angeles with palm trees in the foreground
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...

facade of a building
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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