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FinanceIndustry NewsLos AngelesResidentialRetail

Fallas Family’s 88-Unit Metropolitan in Downtown LA Heads to Receivership as $32MM CMBS Loan Hits Foreclosure

A Los Angeles judge has handed control of the historic 88-unit Metropolitan on Broadway to a receiver while lender Natixis and special servicer...

Skyline of Los Angeles
CommercialFinanceIndustry NewsLos AngelesRetail

Landes Group Affiliate Buys Studio City Bank of America Building for $12.72MM, 26% Below Its 2014 Price

A Dallas-based net-lease investor has acquired the long-standing Bank of America branch at 12223 Ventura Boulevard in Studio City for $12.72 million, closing...

CommercialFinanceIndustry NewsInland EmpireNews Releases

Dornin Investment Group Sells Five-Building Office Portfolio in Riverside for $59.4MM

Dornin Investment Group (“DIG”) has sold 2280 Market Street, its fifth and final multi-tenant office building of its five-building Riverside Office Portfolio, on...

CommercialFinanceIndustry NewsInland Empire

Two-Building Office Property in San Bernardino Hits Market with $20MM Asking Price

By Catherine Sweeney After last trading hands in 2019, an office property located in one of the Inland Empire’s largest office campuses is...

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