Ready Capital
FinanceIndustry NewsLos AngelesResidential
Pier Rock Forecloses on 100-Unit Lido Apartments in Hollywood, Takes Title Backed by $14.5MM Prime Finance Loan
A Mill Valley-based investor bought the defaulted note on the Hollywood building featured in the Eagles’ Hotel California artwork, foreclosed on it and...
FinanceIndustry NewsLos AngelesResidential
Lender Lists 100-Unit Lido Apartments in Hollywood as $18MM Note Sale Following Mosser Capital Loan Default
The 1920s-era building, featured in the Eagles’ Hotel California album artwork, carries a $29.4 million unpaid debt balance from Ready Capital The Lido...
FinanceIndustry NewsLos AngelesResidential
WS Communities Places 11-Building, 399-Unit Apartment Portfolio in Santa Monica On the Market
Neil Shekhter’s WS Communities is currently in the process of selling 11 apartment buildings, totaling 399 units, in Santa Monica. This move comes...
FinanceNews ReleasesPeople on the Move
Commercial Real Estate Leaders Ethan Penner and Chad Carpenter Launch Reven Office REIT to Finance U.S. Office Properties
– Vehicle Positioned to Fill Significant Capital Void for Office Financing – LA JOLLA, Calif.–Commercial real estate leaders Ethan Penner and Chad Carpenter...
