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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 with palm trees in the foreground
FinanceIndustry NewsLos AngelesResidentialRetail

Shomof Group Lists 122-Unit Premiere Towers in Downtown Los Angeles as Ready-Made Condo Sell-Off, Priced Below Replacement Cost

Shomof Group has put Premiere Towers, the 122-unit mixed-use tower it has held on Spring Street since the early 1990s, on the market...

office building
CommercialFinanceIndustry NewsLos AngelesRetail

AllianceBernstein Markets 229,000 SQFT DTLA Fashion District Office Portfolio for Owner-User or Adaptive Reuse Play

Two fully vacant creative office and retail buildings in the heart of Downtown Los Angeles’ Fashion District, including the former Dearden’s department store...

Century City and Downtown Los Angeles with Cloudy Sky
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...

Los Angeles, JLL, Beverly Hills, West Hollywood, Santa Monica, Studio City, Hollywood, Malibu
CommercialFinanceIndustry NewsLos AngelesRetail

36,700 SQFT Former Jumpman LA Flagship Hits the Market in Downtown Los Angeles

CBRE is shopping a retail and creative office building on DTLA’s Broadway corridor with an assessed value of roughly $16MM, testing investor appetite...

Apartment building outline with a sky with clouds
FinanceIndustry NewsLos AngelesResidential

Private Investor Acquires 60-Unit Adaptive Reuse Property The Judson in Downtown Los Angeles for $14.75MM

The 10-story Beaux-Arts landmark at 424 South Broadway marks the first adaptive reuse multifamily sale in DTLA in 3 years A private investor...

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AECFeaturedFinanceIndustry NewsLos AngelesResidential

Los Angeles Condominium Market Shows Modest Growth Amid Shifting Inventory Dynamics

Median price rises 0.5 percent while new construction activity remains subdued through November 2025 The Los Angeles condominium market demonstrated resilience in late...

rendering of apartment with couch and shelves
FinanceIndustry NewsLos AngelesResidential

60-Unit Historic Judson Building in Downtown LA Listed for $16.5MM

A fully renovated, 60-unit apartment complex at 424 S. Broadway in Downtown Los Angeles has been brought to market at $16.5 million, or...

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