Brookfield’s Defaulted Los Angeles Office Tower Is Selling at Major Discount

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

A Los Angeles office building that Brookfield Asset Management Ltd. defaulted on is being sold for about 50% less than the outstanding debt on the tower.

Veteran China Investor Calls for All-Out Property Curb LiftItaly Steps Up Paschi Sale as Market Conditions Favor DivestmentChina Life Says Profit Fell as Market Rout Hurt InvestmentsChina’s Xi Jinping Meets With US Business Leaders in BeijingNvidia Catapults EM Stock Picker to Top Ranking and Irks RivalsChina Confuses Yuan Traders With Surprise Changes to Daily FixPetroChina Boosts Green Ambitions as Big Oil Walks Back PledgesShip That Crashed Into a Baltimore Bridge Has a Troubled HistoryItaly...

29?BOE Says Commercial Real Estate Poses Risk to StabilityBanks' Massive Debt Splurge Brings Its Own Set of DangersNot Even High Mortgage Rates Make It Worth Renting London HousesUBS to Nearly Double Planned HK Office and Occupy Entire TowerUS Regional Banks Challenged by Commercial Property, S&P SaysSingapore Prime Office Rents Jump to Highest Since 2008Mortgage Broker Meridian Names Former Banking Regulator as CEOBanks reducing ultra-long mortgages, Canada watchdog saysAfrica Seen as...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in LOANS

Loans Loans Latest News, Loans Loans Headlines