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DTLA’s One California Plaza value plummets 74%, lands in foreclosure

One California Plaza at 300 South Grand Avenue and Rising Realty Partners’ Christopher Rising (Getty, Royer2585/CC BY-SA 4.0/via Wikimedia Commons, Rising Realty Partners)

Commercial
Los Angeles
Jul 11, 2025

DTLA’s One California Plaza value plummets 74%, lands in foreclosure

Rising Realty Partners’ office tower appraised at $179M less than its debt
Downtown Los Angeles to Receive Mixed-Use Tower Complex
Commercial
Los Angeles
Jul 11, 2025

Los Angeles city planners give blessing to DTLA mixed-use complex

300-key hotel, 250 residences planned for amenity-rich buildings
Brian Sperry Joins Compass from Coldwell Banker Realty
Residential
Los Angeles
Jul 11, 2025

Residential Movers & Shakers: Brian Sperry shuffles from Coldwell Banker to Compass

Ryan Murphy bounces back to Westside Estate Agency and other agent moves
Silver Creek lands $71M for distressed Sunset Strip mixed-use development
Commercial
Los Angeles
Jul 11, 2025

Silver Creek lands $71M for distressed Sunset Strip mixed-use development

Company had defaulted on loan for 11-story, 366K sf project