South Florida
Feb 3, 2026
CGI Merchant loses 550 Biltmore as its portfolio cracks
Raoul Thomas’ firm has been bleeding assets over allegedly unpaid loans
Cerberus Capital Management
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Los Angeles
Aug 13, 2025
DTLA’S Wedbush Center loses 70% of value in less than decade
Recent appraisal of Wilshire Boulevard tower worth less than half its debt
Los Angeles
Apr 15, 2025
DTLA’s Wedbush Center to special servicer as namesake tenant relocates to Pasadena
Cerberus Capital blows maturity deadline for $128M CMBS loan