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
Distressed Property
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San Francisco
Apr 21, 2026
Lone Star snags 20-story office tower in SF after foreclosure auction falls flat
Private equity firm acquires former WeWork tower for $130M, or $360 psf
Chicago
May 19, 2026
Landlord Raphael Lowenstein hit With $35M Bronzeville foreclosure
CMBS trust Demands $35M, Seeks Receiver For Drexel Terraces