Banks typically aren't in the business of regularly hanging onto real estate, but one financial institution is making an exception in Southern California. It’s an example of how the struggling office market is changing the norms around commercial real estate lending.
Why This Bank Wants To Keep, and Lease Up, a Southern California Office Building
Owner Centennial, CBRE Seek Tenants for Santa Monica Property on Ocean Avenue
CoStar News
January 5, 2024 | 8:55 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Centennial Bank
Finance and Insurance
- CBRE
Real Estate
- Contacts
- Jeff Pion
Vice Chairman, CBRE