Western Alliance Bank
Orange County Office Market Shows Resilience With Vacancy Drop to 11.8%
Net absorption reaches 640,722 SQFT as premium space commands $3.2 per square foot Orange County’s office market is demonstrating unusual strength during a...
Koll Center Newport Towers Sold for $70MM to MetLife in Newport Beach Distressed Office Deal
Investment giant assumes $108 million loan for just $70 million as John Wayne Airport area becomes epicenter of office distress MetLife Investment Management...
Cress Capital Buys 214,000 SQFT Newport Beach Office Tower for $41MM After Debt Default
A distressed 214,858-square-foot office building at 1301 Dove Street in Newport Beach has sold to Cress Capital for $41 million, or roughly $191...
Western Alliance Bank Reclaims San Diego’s 360,000 SQFT 600 B Street Tower at $44.4MM Valuation
The 24-story office tower at 600 B Street in downtown San Diego, once a symbol of the city’s thriving business district, has returned...
Foreclosure of Downtown San Diego’s 360,000 SQFT 600 B Street is a Sign of Broader Challenges
One office property in downtown San Diego is facing significant setback. The 24-story office tower at 600 B Street is heading toward foreclosure...
Cruzan Secures $14.89MM in Financing for Eight-Property Inland Empire Industrial PortfolioÂ
Los Angeles – March 8, 2022 – CBRE Capital Markets Debt & Structured Finance has secured $14.89 million in financing on behalf of...
