The property has been the site of several shooting fatalities in recent years, and Camden executives said managers wanted them to dispose of it.
LA's malls are making more money per SF than the average mall but are still subject to many larger factors that pose challenges for them.
A $12.4M lawsuit is the latest in a long list of troubles for Jay Gajavelli and his Applesway Investment Group.
Manhattan's retail landlords saw strong results during Q2 2023, with asking rents continuing on a steady upward trend and demand resulting in low availability.
Marriott will pay $300M for the property and an additional $200M for the land to acquire it from a venture of Tishman Realty.
More divestitures are in the pipeline, prompting speculation that the company may be close to dissolving its current trust.
Bisnow Vice President of Client Success Marie Armstrong has produced results for her clients for 13 years by staying on top of market trends.
Veritas Investments, the largest apartment landlord in San Francisco, stopped paying the debt in recent months on roughly a third of its portfolio.
Arden Group, which had a mezzanine loan on the hotel, reportedly used its debt to submit a credit bid to secure an equity stake.
CBRE recruited five brokers focused on multifamily investment sales away from Cushman & Wakefield.
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