Wells Fargo
Wells Fargo and JP Morgan Increase Provisions for Potential Commercial Real Estate Losses
By The Registry Staff JP Morgan Chase (JPM.N) and Wells Fargo (WFC.N) announced on Friday that they have increased their provisions for potential...
Brookfield’s Woes Grow as Firm Faces Default Risk on 1.4MM SQFT Bank of America Tower in Downtown Los Angeles
By The Registry Staff Toronto-based multinational investment firm Brookfield, which already defaulted on $1.1 billion in debt tied to three office buildings in...
US Lenders Ready for Possible Losses in Portfolios, Prepare to Offload CRE Loans, Even Performing Ones
By The Registry Staff Certain US banks are preparing to sell loans tied to real estate assets at a discounted price, even when...
Concerns Over Commercial Real Estate Loans Weigh on US Bank Stocks, Amidst Broader Market Decline
By The Registry Staff On Wednesday, shares of large and mid-sized US banks experienced a notable underperformance compared to the broader market, according...
Brookfield’s Troubles Continue as $275MM Loan Default Emerges at Los Angeles’ EY Plaza
Brookfield, the alternative investment firm, has encountered difficulties with a $275 million CMBS loan associated with EY Plaza, a prominent 41-story, 964,000-square-foot tower...
National Asset Services Assumes Management of 130,270 SQFT Marketplace in Long Beach
LONG BEACH, Calif. -- National Asset Services (NAS), one of the Country's leading commercial real estate companies has assumed asset management of Wrigley...
US Banks Worry Commercial Real Estate Valuations May Pose Broader Economic Consequences
By Vladimir Bosanac US banks are growing increasingly concerned about the drop in commercial property valuations and the possible risk to lenders' balance...
Gerrity Group Sells 91,846 SQFT Buena Vista Marketplace in Duarte for $36.5MM
Los Angeles, CA — Newmark announces it has completed the $36.5 million ($398 per square foot) sale of Buena Vista Marketplace, a 91,846-square-foot,...
Wells Fargo’s 13,000 SQFT Expansion Completed at West Covina Office Campus
West Covina, CA – The Lakes, a 174,000-square-foot class A office campus in the city of West Covina, is now 92.5 percent leased...
Walgreens Totaling Nearly 14,000 SQFT Listed for $20.5MM in Huntington Beach
By Catherine Sweeney A Walgreens totaling nearly 14,000 square feet has recently been placed up for sale in Huntington Beach. According to the...
