Pasarroyo Reverts to Lender After Auction Flops

Pasarroyo Reverts to Lender After Auction Flops

Pasarroyo, a four-building office complex spanning a city block in Pasadena, found no bidders beyond an opening offer at a public auction Dec. 20, so it went back to the control of... Read more »
Coretrust Capital’s Pasadena Office Campus Goes to Auction

Coretrust Capital’s Pasadena Office Campus Goes to Auction

Coretrust Capital Partners, having defaulted on a $271 million loan tied to its 640,000-square-foot office campus in Pasadena, will now see it go to auction. The office investment firm based in Downtown... Read more »
“Ziggurat” Building in Laguna Niguel Heads to Auction Again

“Ziggurat” Building in Laguna Niguel Heads to Auction Again

The U.S. federal government is relisting the “Ziggurat” office building in Laguna Niguel, after a failed auction in June. And this time, it’s allowing potential buyers to knock down the property and... Read more »