Chris Rising and his Rising Realty Partners belong in the same sentence as Brookfield when it comes to Downtown Los Angeles these days — but not in a colossus-astride-the-commercial property market sort of way. Rising and partner DigitalBridge joined Brookfield on the list of landlords with properties in receivership last week, when a judge made the call on the 1 million-square-foot, 42-story One California Plaza on Bunker Hill. Lenders’ request for a receiver led to Triguild taking on the role in the wake of a $300 million commercial mortgage-backed securities debt default and foreclosure. Rising Realty and DigitalBridge (previously called […]
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