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 »
By Dustin MacFarlane, California State Bar Certified Specialist in Estate Planning, Trust & Probate Law Sacramento, California Quick Answer: Should I Leave Money Directly to My Disabled Child? No. Under California and... Read more »
The debt on an office building in West Los Angeles’ Sawtelle Japantown neighborhood landed in special servicing after the borrower failed to pay it off at its January maturity date, according to... Read more »
California Legal Implications: Special Needs Trusts and Medi-Cal Payback Rules In the significant case of *Gonzalez v. City National Bank*, the California Court of Appeal clarified a critical rule regarding Special Needs... Read more »
In the latest sign of Los Angeles County’s office market’s slow post-pandemic recovery amid high vacancy and distress, a loan tied to a Blackstone property in Burbank has been transferred to special... Read more »
RADIANT IN RIVERBEND2 Beds | 2 Baths Welcome to this VERY SPECIAL OFFERING sited directly on the golf course with dual screened porches for savoring the picturesque and scenic location. This end unit... Read more »
Rising Realty Partners has gone into special servicing for a $300 million loan linked to a 42-story office building in Downtown Los Angeles. The locally based investor went into special servicing for... Read more »
Jamison Properties’ loan on an office complex in Encino has been sent to special servicing, after the landlord disclosed it would need more time to figure out a way to refinance it,... Read more »
The trustee appealed the trial court’s ruling, stating the court applied too narrow a definition of special needs, as defined both in the trust itself and applicable law, in making its finding.... Read more »