Metlife wants Rockpoint to cede control of a Miracle Mile office tower. In a complaint dated early June, the lender claims the owner is in default on a roughly $164 million loan. ... Read more »
The complaint stems from a Home Equity Conversion Mortgage (HECM) that Cleveland Mayo obtained in June 2011 after being diagnosed with kidney failure. According to the lawsuit, Mayo believed the loan would... Read more »
A New York-based real estate investment trust dropped nearly $140 million on a shopping complex in San Bernardino County. Brixmor Property Group purchased Chino Spectrum Towne Center from MetLife Investment Management for... Read more »