Monarch Alternative Capital’s Michael Weinstock, AECOM Capital’s Warren Wachsberger and Combined Properties’ Ronald Haft with 8430 Sunset Boulevard (Monarch Alternative Capital, AECOM Capital, Combined Properties, Google Maps, Getty) CommercialLos AngelesMay 15, 2024Mezzanine lender Monarch takes stake in AECOM, Combined’s Pendry WeHo projectCondo and hotel development struggled under $515M debt load
ResidentialLos AngelesMay 15, 2024Judge weighs mass eviction by Douglas Emmett at LA’s Barrington PlazaDecision hinges on the meaning of “permanent,” which REIT says doesn’t mean “forever”
CommercialLos AngelesMay 15, 2024Commercial brokerages trim payroll and diversify to stem lossesFewer transactions result in smaller staff and a search for “resilient” income streams
CommercialLos AngelesMay 15, 2024Erewhon takes LA to court to save Sportsmen’s Lodge in Studio CityGrocer accuses city of failing to conduct EIR before approving 520 apartments