#loan-defaults

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therealdeal.com
1 month ago
LA real estate

TA Partners Seeks Bankruptcy on 452-Unit Playa Vista Project

TA Partners filed for bankruptcy after facing distress due to loan defaults.
The bankruptcy filing relates to a development site in Playa Vista where a residential complex was planned. [ more ]
www.mercurynews.com
1 month ago
Silicon Valley real estate

Big San Jose office building heads to foreclosure after loan default

Seismic shifts in the Bay Area office market due to the pandemic have led to loan defaults and foreclosure proceedings.
The office building at 10 West Tasman Drive in San Jose is facing foreclosure due to delinquency on a $29 million loan. [ more ]
www.mercurynews.com
3 months ago
East Bay (California)

East Bay buildings flop into default as Bay Area office woes persist

Two East Bay office buildings in Berkeley and Oakland are facing foreclosure due to loan defaults, signaling weakness in the commercial property sector in the Bay Area.
Constitution Square in Berkeley and a downtown Oakland office tower have defaulted on loans of $11.8 million and $10 million respectively. [ more ]
KQED
4 months ago
California

California Housing Projects for Homeless on Hold as Developer Defaults | KQED

Developer denies allegations while one city supports their claim
Department's investigation into private developer raises concerns about the future of Homekey program [ more ]
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