Redcar is in trouble in Chinatown. Distressed debt player Rialto Capital accused the Jim Jacobsen-led development firm Redcar Properties of defaulting on a loan for creative offices in Chinatown. Now, Rialto wants... Read more »
Redcar Properties handed back the keys to creative offices located in Santa Monica to its lender, Bank OZK, according to a deed in lieu of foreclosure dated late March. The unpaid debt... Read more »