LNR Partners
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...
Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing
The $280 million securitized mortgage backing Shutters on the Beach and Hotel Casa del Mar has been transferred to special servicer LNR Partners...
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...
LNR Partners Lists 150,000 SQFT Long Beach Office Campus for $32.9MM
Miami firm offloads fully occupied Airport Plaza at $218 per square foot Long Beach’s office market could continue to see transaction activity with...
Costco Pays $37.5MM for 186,576 SQFT Retail Property in Chino Hills
By Catherine Sweeney The Inland Empire has seen a number of retail properties trade hands in recent months. In a recent deal, Costco...
