Brookfield Secures Loan Extensions on One of Its Downtown LA Towers
The maturity date on Brookfield's $250 million loan for Figueroa at Wilshire tower is pushed to Oct. 1.
Source: commercialobserver.com
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Downtown L.A. Office in Default Sells for Another Big Loss – Commercial Observer
South Korea-based investment firm to pay $145M, which is half the remaining debt: Reports
Source: commercialobserver.com
CO's Most-Read SoCal Stories for 2023: Office Woes and Industrial Grows – Commercial Observer
It was a tumultuous year as the market dealt with heightened distress, rising interest rates and persistent economic headwinds.
Source: commercialobserver.com
Two Tenants Ditch Brookfield Office Towers in Downtown L.A. – Commercial Observer
Law firm and insurance company find new digs downtown
Source: commercialobserver.com
Brookfield's Gas Company Tower Moves to Receivership After Default – Commercial Observer
Brookfield's Gas Company Tower was put into receivership more than a month after Brookfield defaulted on a loan tied to it.
Source: commercialobserver.com