#property-valuation-decline

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East Bay real estate
fromwww.mercurynews.com
2 days ago

Sale of apartment hub with hundreds of units near East Bay BART stop points to weakening market

A 358-unit Walnut Creek apartment complex sold for $190 million, 15.1% below its assessed value, indicating multifamily property values are slipping.
LA real estate
fromtherealdeal.com
3 days ago

Debt for sale: Lenders want out of Brookfield-owned DTLA office

Distressed downtown Los Angeles office and hotel properties face default, receivership, foreclosure auctions, and debt sales amid high vacancies and falling valuations.
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