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Downtown Los Angeles Arts District
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...

Downtown Los Angeles Arts District
CommercialFinanceIndustry NewsLos AngelesResidential

Pustilnikov, Partners Acquire PacMutual’s 460,000 SQFT Downtown LA Office Campus for $48.5MM

A trio of investors, including housing provocateur Leo Pustilnikov, just paid $48.5 million for a historic office campus that sold for $200 million...

Downtown Los Angeles Arts District
CommercialFinanceIndustry NewsLos Angeles

Colliers Lands $275MM EY Plaza Downtown LA Tower Loan Listing as Office Market Seeks Bottom

The commercial real estate giant’s exclusive listing of EY Plaza’s distressed loan signals potential opportunities amid market downturn Colliers has secured what could...

AIDS Healthcare Foundation, Skid Row, Skid Row Housing Trust, Skid Row, Los Angeles, Los Angeles City Council
CommercialFinanceIndustry NewsLos Angeles

Rising Realty Partners Defaults on $300MM One California Plaza in Downtown Los Angeles Receivership

The towering glass facade of One California Plaza once symbolized downtown Los Angeles’s aspirations as a thriving business hub. Today, the 42-story office...

guillaume-merle-QTdjjOGEDMA-unsplash-los angeles
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...

Los Angeles, Orange County, San Bernardino County, Riverside County
CommercialFinanceIndustry NewsLos Angeles

Carolwood to Acquire the 920,000 SQFT EY Plaza for $130MM in Downtown LA Deal

Carolwood is set to buy the distressed EY Plaza in downtown Los Angeles for $130 million, closing in June. This acquisition reflects a...

venti-views-Xx6zJlBGN-Y-unsplash-Los Angeles
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...

Screenshot 2024-07-15 at 9.57.55 AM
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...

sean-pollock-PhYq704ffdA-unsplash-office building
CommercialFinanceIndustry NewsLos Angeles

Brookfield’s $145MM Sale of 777 South Figueroa Tower Falls Through

By The Registry Staff In a significant development within the Downtown Los Angeles real estate landscape, Brookfield Properties’ plan to sell the 777...

CommercialFinanceIndustry NewsLos Angeles

Brookfield’s 41-Story EY Plaza in Los Angeles Drops in Value by More than 50%

By The Registry Staff  The 41-story EY Plaza office building in Downtown Los Angeles has joined the ranks of struggling assets in the...

CommercialFinanceIndustry NewsLos Angeles

Brookfield Places 52-Story 777 Tower in Los Angeles up for Sale Following $318MM Loan Default

By The Registry Staff  In a move reflective of challenging financial circumstances, Brookfield DTLA, an affiliate of Toronto-based real estate giant Brookfield, is...

CommercialFeaturedFinanceIndustry NewsLos Angeles

Brookfield’s Next Fund Aims for $15B Raise, Below Previous Fund’s Watermark

By The Registry Staff Brookfield Asset Management intends to raise $15 billion for its fifth flagship real estate fund, a lower amount compared...

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