therealdeal.com
4 months agoLA real estate
Starwood, Artisan Default on El Segundo Office Loan
Real estate firms Starwood Capital and Artisan Ventures have defaulted on an $84.8 million loan from MetLife Investment Management for an office building in El Segundo.
Starwood and Artisan had planned to redevelop a neighboring parking lot into office space and a parking structure, but the plans were in the beginning stages. [ more ]