LA’s Gas Company Tower, dumped by owner, faces foreclosure sale

The Gas Company Tower was appraised in 2020 at $632 million but is now worth closer to $200 million, based on the $141-square-foot price cited by Barclays. An office tower in downtown Los Angeles is facing foreclosure a year after the owner, an affiliate of Brookfield Asset Management Ltd., walked away from the building.A notice of trustee’s sale for the Gas Company Tower, located at 555 West 5th St.

A nearby Brookfield tower at 777 S. Figueroa is being sold for about $145 million, roughly 50% less than the outstanding debt on the property.The Gas Company Tower was appraised in 2020 at $632 million but is now worth closer to $200 million, based on the $141-square-foot price cited by Barclays. Dodgers’ Shohei Ohtani says he never bet on sports, interpreter Ippei Mizuhara stole money, told lies

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Trump's Social Media Company Will Go Public After Merger With Shell Company Is ApprovedBut Trump wouldn't be able to immediately cash out his windfall.
Fonte: HuffPostParents - 🏆 414. / 53 Consulte Mais informação »

Truth Social parent company Trump Media & Technology Group to become publicly traded companyEXCLUSIVE: Shareholders voted Friday to make Trump Media & Technology Group, the parent company of Truth Social, a publicly traded entity, Fox News Digital has learned.
Fonte: FoxBusiness - 🏆 458. / 53 Consulte Mais informação »

Las Vegas’ Red-Hot Real Estate Market Will Welcome Cello TowerSituated within the multi-use development of Origin at Symphony Park, Cello Tower will have 240 residences, including eight penthouses.
Fonte: RobbReport - 🏆 309. / 63 Consulte Mais informação »

RFK Jr.'s family trust earns thousands from an oil and gas companyHe is a longtime fossil fuel critic and anti-pollution activist.
Fonte: politico - 🏆 381. / 59 Consulte Mais informação »