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Home Commercial Terra Property Trust Defaults on $28.3MM Loan Tied to 100,000 SQFT Office Building in Santa Monica
CommercialFinanceIndustry NewsLos Angeles

Terra Property Trust Defaults on $28.3MM Loan Tied to 100,000 SQFT Office Building in Santa Monica

August 2, 20231 Mins read842
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By The Registry Staff The commercial real estate industry has seen a growing trend in companies defaulting on office buildings. One firm to recently default on a property in Santa Monica is New York-based Terra Property Trust. The firm has defaulted on a loan linked to the leasehold interest of a 100,000 square foot office […]

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