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CommercialFinanceIndustry NewsLos Angeles

Capital Group Buys Its 55-Story DTLA HQ at 333 South Hope for $210MM in Largest LA Office Sale of 2026

Capital Group has completed the acquisition of its longtime downtown Los Angeles headquarters at 333 South Hope Street, paying $210 million for the...

Skyline of Los Angeles with palm trees in the foreground
CommercialFinanceIndustry NewsLos Angeles

601W Companies Lands 1.4MM-SQFT Wells Fargo Center North Tower in Downtown LA on $132MM Northwind Loan

601W Companies has acquired the distressed 55-story Wells Fargo Center North Tower in Downtown Los Angeles, financed by a $132 million first-mortgage loan...

For sale sign
FinanceIndustry NewsLos AngelesRetail

JH Real Estate Partners Lands FIGat7th in High-$60MM Deal as Brookfield Exits Downtown LA Retail

Newport Beach-based JH Real Estate Partners has acquired the 330,000-square-foot FIGat7th retail center in Downtown Los Angeles from Brookfield for a price in...

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CommercialFinanceIndustry NewsLeasingLos Angeles

Essapour Wins Defaulted $27MM Note on 153,758-SQFT 626 Wilshire Office Tower in Downtown LA

A Los Angeles investor steps into the lender position on Barker Pacific Group’s Financial District tower, where a global data-center anchor and a...

Los Angeles skyline
CommercialFinanceIndustry NewsLos Angeles

Capital Group Acquires 1.4MM SQFT Bank of America Plaza in Downtown Los Angeles for ~$210MM

The investment management giant purchases its longtime Bunker Hill headquarters from a distressed Brookfield portfolio at roughly $150 per square foot Capital Group,...

Downtown Los Angeles Arts District
CommercialFinanceIndustry NewsLos Angeles

Brookfield’s Downtown LA Empire Crumbles as 1.4MM SQFT Bank of America Plaza Debt Hits Market

Latest distressed offering signals deepening crisis in nation’s most troubled office market Another trophy tower in Brookfield Asset Management’s downtown Los Angeles portfolio...

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AECCommercialFinanceIndustry NewsLos Angeles

Los Angeles Office Market Sees Mixed Signals as Trophy Assets Outperform and Construction Hits Multi-Year Low

The Los Angeles office market offered a mixed outlook in the first quarter of 2025, as ongoing economic headwinds and persistent hybrid work...

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CommercialFeaturedIndustry NewsLos Angeles

Brookfield’s EY Plaza & Bank of America Plaza in LA See Valuations Drop by Two-Thirds Amid Market Woes

The value of two iconic office towers in Downtown Los Angeles, owned or tied to Brookfield, has plummeted dramatically, reflecting a broader struggle...

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FinanceIndustry NewsLos Angeles

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...

AECIndustry NewsLos AngelesResidential

Brookfield Plans 34-Story Residential Tower at Bank of America Plaza in Los Angeles

By Catherine Sweeney  Brookfield Properties, a New York-based real estate developer, could soon be bringing new residential space to Los Angeles’ Bunker Hill...

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