Longtime Downtown Los Angeles office tenant PwC is relocating to Century City. The Los Angeles Times reported that the accounting and professional services firm has signed a 15-year lease to occupy 150,000... Read more »
Jamison and Kennedy Wilson’s plans for the affordable housing conversion of the former World Trade Center complex in downtown Los Angeles are coming into focus. On Monday, the locally based firms unveiled... Read more »
It was a DTLA week — so, let’s take it from the top. Northwind announced it made a $132 million first-mortgage acquisition note to back 601W’s purchase of Wells Fargo Center’s North... Read more »
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $132-million first-mortgage acquisition loan secured by 333 S. Grand Ave., a 55-story, Class A office tower totaling... Read more »
Stream Realty Partners has opened an office in downtown Los Angeles, marking a significant expansion of the firm’s presence across Southern California. The expansion is further strengthened by the addition of a... Read more »
The Downtown Breakfast Club announced the winners of its 44th Annual Roses & Lemon Awards, held at the Millennium Biltmore Hotel, Crystal Ballroom. The longstanding tradition celebrates the people, places and projects... Read more »
Cerberus Capital Management’s Wedbush Center in downtown Los Angeles faces foreclosure after a debt default. The alternative investment outfit owes about $135 million on its office tower on Wilshire Boulevard, according to... Read more »
A roughly $32 million loan on the Metropolitan building downtown was sent to special servicing after the borrower defaulted on their commercial mortgage-backed securities debt, according to Morningstar Credit. Servicer commentary via... Read more »
Hospitality at Work, a property management subsidiary of Lowe, has assumed management of two prominent office buildings in the downtown Los Angeles Financial District, totaling more than 400,000 square feet of prime... Read more »
The latest Brookfield-tied property to hit the market in the Financial District of downtown Los Angeles is not a distressed office tower, but still looks to be a bargain compared to some... Read more »