Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Amid L.A.’s office lease woes, a tower goes into receivership
Los Angeles Times
|September 03, 2025
A financially troubled skyscraper in downtown Los Angeles has gone into receivership as office landlords there struggle to keep their buildings leased.
THE STAIRS at Angels Flight in downtown Los Angeles lead to California Plaza and the 42-story tower.
One California Plaza — the gleaming 42-story tower on Bunker Hill that was one of the most prestigious addresses in the city when it opened in the 1980s — has dropped 74% in value from its market peak.
Earlier this year, the owners defaulted on their $300-million debt, set to mature in November, and faced foreclosure.
At the request of lenders, a judge appointed Trigild, a receivership service, to take control of the 1-million-square-foot property, the Real Deal reported.
One California Plaza is appraised at $121.2 million, down from $459 million in 2013, according to a Morningstar Credit report, real estate data provider CoStar said.
Dit verhaal komt uit de September 03, 2025-editie van Los Angeles Times.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Los Angeles Times
Los Angeles Times
'Everybody Loves Raymond,' still
CBS series' cast and creator share stories as the 30th anniversary special arrives.
6 mins
November 24, 2025
Los Angeles Times
Seeking answers in their child's death
Parents hired their own investigators in a case that has divided L.A. law enforcement.
11 mins
November 24, 2025
Los Angeles Times
Bruins blank Jaguars for full quarter
With Dugalic leading way, UCLA uses 27-0 second-period shutout of Southern to go 6-0.
2 mins
November 24, 2025
Los Angeles Times
Seminoles retain Norvell amid program's struggles
Florida State is keeping coach Mike Norvell for at least another season.
2 mins
November 24, 2025
Los Angeles Times
Fewer flights to Venezuela after FAA warning
More international airlines canceled flights to Venezuela on Sunday after the U.S. Federal Aviation Administration warned pilots to use caution when flying in the country’s airspace because of worsening security and heightened military activity.
1 mins
November 24, 2025
Los Angeles Times
Who will emerge from a ho-hum field of governor candidates?
Certain vital characteristics are needed to appeal to voters. But so far, no contestant seems to have it all.
4 mins
November 24, 2025
Los Angeles Times
Mastermind of the back-lot tour at Universal Studios
It was early in Jay Stein’s tenacious pursuit to turn a throwaway business into a sweet spot for Universal Studios, then owned by Lew Wasserman’s powerhouse entertainment firm MCA.
3 mins
November 24, 2025
Los Angeles Times
Potential last sniff of Rose Bowl stinks
In possible finale at iconic venue, Bruins are laughably bad in 48-14 loss to Huskies
4 mins
November 24, 2025
Los Angeles Times
Man and Burbank police dog killed in shooting
The 5 Freeway was closed due to the gunfire, which began after a traffic stop.
1 mins
November 24, 2025
Los Angeles Times
Israeli campaign leaves West Bank camp in ruins
Over more than 300 days, Israel has deployed soldiers, tanks, helicopter gunships and even airstrikes in Jenin and other cities, leaving a trail of destruction that has triggered what aid groups call the most severe bout of Palestinian displacement in the West Bank — more than 40,000 people initially, now down to about 32,000 — since Israel occupied the region in 1967. In a report released Nov. 20, Human Rights Watch alleged Israeli forces’ actions amounted to war crimes and crimes against humanity.
5 mins
November 24, 2025
Listen
Translate
Change font size