Los Angeles
Apr 21, 2026
Lender lists Pasadena’s largest office campus after taking back keys
Control over Pasarroyo reverted to Heitman once campus failed to sell at public auction, Coretrust Capital owed more than $270M
Wedbush Securities
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Los Angeles
Apr 1, 2026
Cerberus’ Wedbush Center faces foreclosure after $100M-plus default
Trouble comes after namesake tenant loss, value haircut and loan landing in special servicing
Los Angeles
Aug 16, 2025
More office distress in Los Angeles
Plus, pro-ballers score financing for apartment development, Oceanwide Plaza has viable bidders, and more L.A. commercial real estate news this week