Wells Fargo
Brookfield Asset Management $400MM Loan Transferred to Special Server
By Lilly Riddle The Bank of America Plaza, a symbol of Los Angeles' financial district, is facing challenges as its owner, Brookfield Asset...
Macerich’s $300MM Loan Tied to Santa Monica Place Mall Enters Special Servicing
By The Registry Staff Macerich, a leading real estate investment trust headquartered in Santa Monica, finds itself in turbulent waters as its property,...
Blackstone to Acquire Apartment Income REIT Corp. Portfolio, Including Los Angeles Properties
NEW YORK & DENVER –– Blackstone (NYSE: BX) and Apartment Income REIT Corp. (NYSE: AIRC) (“AIR Communities” or the “Company”) today announced that...
Worthe Real Estate Group, Stockbridge Secure $475MM in Financing for 800,000 SQFT Second Century Development in Burbank
BURBANK, Calif. and SAN FRANCISCO -- Worthe Real Estate Group ("Worthe"), in collaboration with Stockbridge, today announced the close of a $475 million...
65,000 SQFT Shopping Center in Oceanside Listed with $34.46MM Asking Price
By Catherine Sweeney Another retail property has recently been added to the market in the San Diego metropolitan area. According to a listing...
51-Unit Multifamily Asset for Sale for $12.25MM in San Diego’s City Heights Neighborhood
By The Registry Staff San Diego’s multifamily real estate market continues to hold its top status on a national scale recently showing resilience...
The Office Market Faces a Wave of Short Sales Amidst Dwindling Capital and Patience
Last year, investors amassed billions in anticipation of acquiring distressed real estate assets at considerable discounts. Yet, the expected deluge of deals didn't...
Wells Fargo Sees Losses in Commercial Real Estate Loan Portfolio, Anticipates More in 2024
By Kate Snyder Though commercial real estate wasn’t the only subject discussed during Wells Fargo’s recent earnings call, bank representatives noted the losses...
Brookfield’s 41-Story EY Plaza in Los Angeles Drops in Value by More than 50%
By The Registry Staff The 41-story EY Plaza office building in Downtown Los Angeles has joined the ranks of struggling assets in the...
11,900 SQFT Retail Property Occupied by Wells Fargo for Sale for $10.9MM in West Los Angeles
By The Registry Staff The retail sector in Los Angeles County has shown signs of adaptability in the third quarter of 2023, with...
Realty Income Corporation to Acquire Spirit Realty Capital in All-Stock Transaction
SAN DIEGO and DALLAS -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, and Spirit Realty Capital, Inc. (Spirit, NYSE:...
76,347 SQFT Office Building in Burbank Placed up for Sale
By Catherine Sweeney The Los Angeles office market has faced a number of challenges in recent months, with growing trends in high vacancy...
