Taggers Spray Graffiti on Abandoned Oceanwide Plaza in DTLA

Taggers Spray Graffiti on Abandoned Oceanwide Plaza in DTLA

China Oceanwide Holdings has one more hurdle in its quest to sell its uncompleted hotel, condo and retail project in Downtown Los Angeles: graffiti. Over two nights, taggers scaled the roofless towers... Read more »
Thorofare Capital Lists DTLA Buildings in Foreclosure Sale

Thorofare Capital Lists DTLA Buildings in Foreclosure Sale

Thorofare Capital has launched a foreclosure sale for two historic office buildings in Downtown Los Angeles after Livwrk defaulted on a $17.5 million loan. The El Segundo-based lender has listed for sale... Read more »
Realm, Bascom Default on M Loan for Planned DTLA Tower

Realm, Bascom Default on $33M Loan for Planned DTLA Tower

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 »
Carolwood LP Buys AON Center in DTLA for 6M

Carolwood LP Buys AON Center in DTLA for $146M

Carolwood, the investment firm run by Adam Rubin and Andrew Shanfeld, has closed on a deal to buy the AON Center in Downtown Los Angeles for $147.8 million, ending months of negotiations... Read more »
Value of Brookfield;s EY Plaza in DTLA Falls 53%

Value of Brookfield;s EY Plaza in DTLA Falls 53%

The value of a 41-story office building owned by Brookfield in Downtown Los Angeles has plunged by more than half, with its landlord sliding into default. EY Plaza, a 920,300-square-foot tower at... Read more »