Rialto Capital Advisors
FinanceHospitalityIndustry NewsOrange County
Hilton Irvine Hotel Loan Defaults, Lands in Special Servicing Months Before $44.8MM Maturity
A 306-room Hilton-branded hotel in Irvine has tipped into payment default and transferred to special servicing, leaving its $44.8 million securitized loan facing...
CommercialFinanceIndustry NewsLos Angeles
Jamison’s 600 Commonwealth Office Tower Lands Back in Special Servicing as $30.4MM Loan Races Toward Sale Closing in Los Angeles
A $30.4 million securitized loan backing the 333,000-square-foot 600 Commonwealth office tower in Los Angeles has returned to special servicing after a forbearance...
CommercialFinanceIndustry NewsLeasingLos Angeles
Cerberus Capital Faces Foreclosure on 476,000 SQFT Wedbush Center in Downtown Los Angeles After $135MM Default
The 22-story office tower at 1000 Wilshire Boulevard has lost 69 percent of its appraised value since 2018 as occupancy collapses and its...
