Foreclosure
CommercialFinanceIndustry NewsLos Angeles
Acore Moves to Foreclose on GPI’s Vacant 230,000 SQFT West End Office Campus Over $82.5MM Debt
GPI Companies' West End, the 230,000-square-foot creative office conversion of the former Westside Pavilion Macy's, is headed toward foreclosure after lender Acore Capital...
CommercialFinanceIndustry NewsLos Angeles
Hackman Loses Culver City’s 182,000 SQFT Former Sony Animation Campus to Fortress in $71MM Foreclosure
Fortress Investment Group emerged as the new owner of the vacant, three-building Art Deco office complex at 9050 Washington Boulevard after credit-bidding roughly...
FinanceIndustry NewsLos AngelesResidentialRetail
CMBS Lender Moves to Take Control of Fallas Family’s 88-Unit Metropolitan Building in Downtown Los Angeles After $32MM Default
A judicial foreclosure action filed this month against the Fallas family's landmark Metropolitan building at 449 South Broadway has put one of Downtown...
IndustrialIndustry NewsLos Angeles
25,600 SQFT Santa Monica Warehouse Slated For Auction
By Rhiannon Saegert A 25,600-square-foot Santa Monica industrial building sold for $40 million last year is set to go to a public auction...
