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Lender forecloses on California Plaza tower - mortgage lender led by Citicorp Real Estate Inc.; Los Angeles, California office building Debt on highrise far exceeds its market value An international mortgage lender syndicate led by Citicorp Real Estate Inc. has taken over downtown L.A.'s ...... (Continue Reading) Playa Vista faces new crisis: city officials rush to save project from foreclosure - Rob Maguire's real estate development project in Los Angeles, California The long-delayed Playa Vista development, which just a month ago seemed to be back on track, appeared on the verge of unraveling last week as mortgage ...... (Continue Reading) Playa Vista edges ahead but Hughes heirs must give OK - problems involving the Playa Vista real estate development project in Los Angeles, CA Key parties in the troubled Playa Vista real estate project have signed a crucial partnership agreement for the $8 billion project, but obstacles remain ...... (Continue Reading) Second quarter starts and ends with huge sales deal - Los Angeles, California - Real Estate Quarterly Los Angeles commercial real estate began and ended the second quarter with a bang. The quarter was ushered in with the closing of the "deal of the decade" ...... (Continue Reading) Expansions, relocations cause vacancy rates to drop - Los Angeles County, California - Real Estate Quarterly "No Vacancy" is what faces companies looking for industrial space in the Santa Clarita Valley. Located in the northernmost reaches of Los Angeles County, ...... (Continue Reading) Real estate experts hopeful low interest rates will spur home sales - Los Angeles, California - Economic Forecast 1991 Real estate experts hopeful low interest rates will spur home sales The dawn of 1991 brings no sunshine to the gloomy streets of Los Angeles County real estate. Industry analysts report the comin... (Continue Reading) L.A. highrise looks to be heading back to its lender; downtown L.A. market woes lead to rethinking strategy - Los Angeles, California; real estate industry Illustrating the downtown L.A. office market's continued space oversupply and rent slump, the owner of the 376,212-square-foot 911 Wilshire building will ...... (Continue Reading) Warner Center apartments head for foreclosure - Los Angeles residential complex The Warner Center Apartments project, the second-largest residential complex ever built in the City of Los Angeles, is going into foreclosure, amid charges ...... (Continue Reading) Foreclosure looms for Watt City Center site - Los Angeles, California Ambitious project stands as victim of down market Ownership of the downtown L.A. property that veteran local builders Ray Watt and Kent Merselis spent ...... (Continue Reading) L.A. County mortgage defaults rise sharply in March; real estate sources insist jump is no cause for concern - Los Angeles County, California - Real Estate There are positive signs that Los Angeles is slowly emerging from its four-year recession, experts said, despite a sharp increase in the number of notices ...... (Continue Reading) |