by Greg Wasik | Mar 9, 2018 | Uncategorized
After struggling to maintain its appeal as a retail destination due to the double whammy of online shopping and destination malls such as the $1 Billion-renovated Century City Mall (which stole its major tenants), the Westside Pavilion owners have decided to convert...
by Greg Wasik | Aug 23, 2017 | Los Angeles Real Estate and Appraisal News
The $142.3M Westside Pavilion loan was put on the servicer watchlist earlier this month. TreppWire reports. “[The] property performance has been trending downward.” The loan was originally underwritten with a debt-service coverage ratio of 1.40. The ratio...
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