Wilmington Trust
Hudson Pacific Extends $1.1B Loan on Hollywood Studio Portfolio as Production Slump Pressures LA Landlords
Hudson Pacific Properties extended the $1.1 billion loan on its 2.2 million-square-foot Hollywood Media Portfolio to November 2027 without a principal paydown, buying...
Jade Enterprises’ 100,000 SQFT Sawtelle Office Building Faces Foreclosure After $33MM CMBS Default in West LA
A commercial mortgage-backed securities trust has moved to force the sale of Jade Enterprises' three-story red-brick office building at 1950 Sawtelle Boulevard, recording...
Fallas Family’s 88-Unit Metropolitan in Downtown LA Heads to Receivership as $32MM CMBS Loan Hits Foreclosure
A Los Angeles judge has handed control of the historic 88-unit Metropolitan on Broadway to a receiver while lender Natixis and special servicer...
Boulevard Investment Group Refinances 145,000 SQFT L.A. Medical Tower for $48MM
Boulevard Investment Group has secured a $48 million refinancing package for its Los Angeles medical office building, highlighting the increasing institutional interest in...
County of Los Angeles to Acquire Gas Company Tower for $200MM Plus $5MM in Closing Costs
In a move to modernize its real estate portfolio, the County of Los Angeles is set to acquire the iconic Gas Company Tower,...
