Foreclosures continued to climb in the first half of the year, approaching levels that haven’t been seen since 2019, and Florida is leading the nation. In the first six months of 2026,... Read more »
Elk Development owes about $60 million on Hollywood apartments, according to two notices of default dated early June. Acres Capital loaned Elk around $41 million via a construction note five years ago.... Read more »
A hotel about a half-mile away from LAX’s entrance was placed in receivership, according to court documents dated late May. The court appointed GF Hotels and Resorts’ Jeff Kolessar as the receiver... Read more »
Brookfield’s Bank of America Plaza office tower in Downtown Los Angeles found a buyer from inside the building. Capital Group entered an agreement to buy the 55-story building at 333 South Hope... Read more »
We had news from across the geographic spectrum of the Los Angeles office world, with significant deals ranging from downtown to its outskirts and all the way west to Malibu. And it... Read more »
Pacific Investment Management Company and the Witkoff firm have defaulted on a loan of more than $400 million tied to a luxury apartment complex in Santa Monica. The delinquent loan is connected... Read more »
Washington Prime Group is on the brink of defaulting on an $85 million loan tied to a mall in Orange County. The loan on the 1.2 million-square-foot Westminster Mall, located in the... Read more »
Starwood Capital and Artisan Ventures are on the brink of losing a 257,000-square-foot office building in El Segundo, The Real Deal has learned. The firms have defaulted on an $84.8 million loan... Read more »
Realm Group and the Bascom Group had their sights set on a 37-story residential tower in Downtown L.A., slated to be one of the tallest apartment buildings in the market. But the... Read more »