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Beacon Default Management

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Skyline of Los Angeles during dusk
FinanceHospitalityLos Angeles

Church of Scientology Lands Distressed Mama Shelter Hollywood Hotel for $16MM

The 70-room property changed hands at $229,000 per key after a $13.3 million CMBS loan went into default, drawing 13 bidders to a...

john wayne airport orange county
CommercialFinanceIndustry NewsOrange County

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...

San Diego
AECCommercialFinanceIndustry NewsResidentialRetailSan Diego

San Diego’s Campus at Horton Faces Foreclosure

The Campus at Horton, a high-profile mixed-use redevelopment project in downtown San Diego, is now the center of a $351.2 million foreclosure crisis....

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