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
Wedbush Securities
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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