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Graffiti towers in Los Angeles
AECCommercialFinanceHospitalityIndustry NewsLos AngelesResidentialRetail

City Pushback Stalls $470MM Sale of Downtown LA’s Oceanwide Plaza Graffiti Towers Until July

A bankruptcy court hearing that would clear the $470 million sale of Downtown Los Angeles’ unfinished Oceanwide Plaza has been postponed to July...

Century City and Downtown Los Angeles with Cloudy Sky
FinanceIndustry NewsLos AngelesResidentialRetail

CMBS Lender Moves to Take Control of Fallas Family’s 88-Unit Metropolitan Building in Downtown Los Angeles After $32MM Default

A judicial foreclosure action filed this month against the Fallas family’s landmark Metropolitan building at 449 South Broadway has put one of Downtown...

Clothes hanging on hanger
FinanceIndustry NewsLos AngelesRetail

Pacific Retail JV Negotiates Workout as $309MM Loan on 2MM SQFT Lakewood Center Reaches June Maturity

Less than a year after acquiring Lakewood Center from Macerich for $332.1 million, the joint venture of Pacific Retail Capital Partners, Lyon Living...

Pasadena Sign and Palm Tree
AECCommercialFinanceIndustry NewsLos AngelesResidentialRetail

27,220 SQFT Mixed-Use Property with Approved 134-Unit Redevelopment Plan Hits Market on Pasadena’s South Lake Avenue

A two-story retail and office building on Pasadena’s South Lake Avenue has come to market carrying an unusual asset for buyers weighing the...

2940 E Foothill Blvd, Pasadena, CA 91121
CommercialFinanceIndustrialIndustry NewsLos Angeles

Home Depot Selling 120,435 SQFT Pasadena Building For $22MM

By Rhiannon Saegert  A vacant 120,435-square-foot mixed-use property in Pasadena is on the market for $22 million. The property, originally built on 4...

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