Office Loan Defaults Reach a Near Historic High With Billions in Commercial Loans on the Edge
The current tally of loans facing default is over $38 billion in the U.S. office building market, the most since 2012…
Downtown L.A. Office Tower Sells at Steep Discount, Eyed for Conversion
Downtown L.A. Office Tower Sells at Steep Discount, Eyed for Conversion In a transaction reflecting the challenges faced by the office market in Downtown Los
Commercial Real Estate Faces Perfect Storm as Vacancy, Debt Loom
Are we facing the “great commercial real estate panic of 2024?”
LA Office Market Struggles Continue as Availability Hits New High
While a small rush in renewals delivered false hope early in the year the trend of layoffs and office downsizing in the tech sector shows the repricing of office real estate has only begun.
Brookfield Offloads Another Downtown LA Office Building at a Steep Loss
Downtown LA 777 Tower sells for $145 million, approximately half the remaining outstanding debt on the property after it went into default.
Marriott Hotel Near LAX CMBS Loan Added to Servicer Watchlist
A combination of higher operating and capital costs combined with a 40% decline in value has put it on the service watchlist.