The owners of a Class A office building in the Los Angeles area have turned the property over to a lender in another sign of distress for the nation’s office market that has extended to new or renovated properties over the past year.
Lender Takes Over Renovated Southern California Office Amid Industry Distress
Steelwave, Barings Hand Back Keys to Class A Office in El Segundo
CoStar News
January 31, 2024 | 12:16 AM
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IN THIS ARTICLE
- Companies
- Steelwave
Real Estate
- New York Life Insurance Company
Finance and Insurance