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FinanceIndustry NewsLos AngelesResidential

MDNI Group Acquires 28-Unit Ocean Avenue Multifamily Property in Santa Monica for $23.46MM

A private local buyer has landed a rare bluff-top apartment building on one of Santa Monica's most tightly held corridors, closing an all-cash...

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...

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