LA Office Market in Flux

Downtown LA’s office market is heating up and cooling down fast—Northwind just doled out a $132M loan to 601W to snag the North Tower of the Wells Fargo Center from Brookfield, rumored to have sold for $180M, with $48M reserved for leasing. Meanwhile, the historic Metropolitan building is headed for foreclosure after the Fallas family defaulted on a $32M loan, exposing the stark contrast between booming deals and crumbling assets in LA’s commercial real estate landscape. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9ee61692d28cf095