LA's Gas Company Tower, dumped by owner, faces foreclosure sale – Daily News
Newport Beach-based Pimco is the largest holder of the most senior debt, a $167 million slice of the CMBS.
Source: dailynews.com
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LA's Gas Company Tower, dumped by owner, faces foreclosure sale – Orange County Register
Newport Beach-based Pimco is the largest holder of the most senior debt, a $167 million slice of the CMBS.
Source: ocregister.com
Pimco fund walks away from 20 hotels carrying $240 million in debt
The portfolio, valued at $326 million when the debt was originated in 2017, was cut 16% to $272.8 million in a December appraisal.
Source: ocregister.com