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Brookfield's 777 Tower Sale Falls Through: Sources – Commercial Observer

Brookfield Asset Management was set to sell the 777 Tower for just $145 million to South Korea-based Consus Asset Management.

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Brookfield said to be in talks to acquire majority stake in Castlelake

Brookfield Asset Management Inc. is said to be in advanced talks to buy a majority stake in private-credit manager Castlelake LP. Read more.

Brookfield , Nova-scotia , Canada , Castlelake , California , United-states , Los-angeles , Evan-carruthers , Rory-oneill , Gas-company-tower-in-los-angeles , Bloomberg , Brookfield-asset-management

WeWork Confident It Will Exit Bankruptcy by May 31 – Commercial Observer

WeWork expects to be out of Chapter 11 bankruptcy by the end of next month after it renegotiated or exited 90 percent of its leases. 

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Office Availability in Greater LA Market Hits Record 28%

Office Availability in Greater LA Market Hits Record 28%
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

Los-angeles , Brookfield-properties , Gas-company-tower , Commercial-observer , Figueroa-tower , Downtown-los-angeles , South-korea-based-consus-asset-management ,

Jurors in the Raymond Chan case got a disturbing look at City Hall

The jury received a picture of a city government out of control, with the defendant working to find jobs for city workers or their relatives.

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Los Angeles office tower dumped by Brookfield faces foreclosure sale

Los Angeles office tower dumped by Brookfield faces foreclosure sale
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

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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.

California , United-states , Los-angeles-county , John-gittelsohn-bloomberg , Los-angeles , Brookfield-asset-management-ltd , Gas-company-tower , Barclays-plc , Barclays , John-gittelsohn , Southern-california , Los-angeles-county-recorder

Los Angeles office tower dumped by Brookfield faces foreclosure sale

An office tower in downtown Los Angeles is facing foreclosure a year after a Brookfield affiliate walked away from the building. Read on.

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L.A.'s Gas Company Tower Heads to Foreclosure Sale – Commercial Observer

The city's fifth-tallest building has epitomized the struggles facing traditional office real estate since the pandemic.

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Los Angeles office skyscraper faces foreclosure sale

The foreclosure comes as the value of office buildings has plunged amid higher vacancies. Elevated interest rates have also weighed on prices and made it difficult for building owners to refinance debt.

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