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Mark Kiesel Announces Retirement as Managing Director and Chief Investment Officer for Global Credit at Pimco

Veteran portfolio manager caps 29-year career marked by industry-leading performance, investment innovation, and global recognition for predicting major market events NEWPORT BEACH, CA – November...

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CommercialFinanceIndustry NewsLos Angeles

Historic Santa Monica Clock Tower Faces Financial Crisis as Office Market Struggles

Century-old Art Deco landmark’s $26.7 million loan enters special servicing amid plummeting occupancy and cash flow The Santa Monica Clock Tower, a 12-story...

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CommercialFinanceIndustry NewsLos Angeles

Equitable Plaza Foreclosure: Inside the $85MM Default by Jamison Properties

The Koreatown commercial real estate scene has hit a major turning point. Jamison Properties, a dominant player in the area’s market, is facing...

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CommercialFinanceIndustry NewsLos Angeles

Rising Realty’s 1 Cal Plaza in Downtown Los Angeles Sees $300MM CMBS Loan Move to Special Servicing

A $300 million CMBS loan backed by 1 Cal Plaza in downtown Los Angeles has transitioned to special servicing ahead of its November...

Morningstar, Morningstar US Real Estate Index, Realty Income, Ventas, Federal Realty Investment Trust
CommercialFeaturedFinanceIndustry News

Morningstar’s 2024 Real Estate Forecast: Prospects and Picks

The Morningstar US Real Estate Index faced a challenging year in 2023, with an 11.1 percent gain over the trailing 12 months, trailing...

FinanceIndustry NewsLos AngelesRetail

Caruso Secures $450MM CMBS Loan on 600,000 SQFT Americana At Brand Retail Property in Glendale

By The Registry Staff Southern California development firm Caruso secured a loan of $450 million to refinance the Americana at Brand property, one...

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