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What’s next for distress after dumped deals downtown L.A.?

Weeks ago The Real Deal broke the story that a deal to sell the Brookfield-owned EY Plaza to Adam Rubin and Andrew Shanfeld fell through, putting the non-preforming loan tied to the 920,000-square-foot tower back on the market. Then came our scoop that a deal for 811 Wilshire also fell out, leaving Jamison in default and facing foreclosure on the 337,000-square-foot property. There’s no telling what next week will bring — you’ll just have to stay tuned to TRD, as usual — but it does appear that local Jamison is in better shape than global Brookfield as far as the […]

This article originally appeared on The Real Deal. Click here to read the full story.

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  • 13 September 2025
  • The Real Deal
  • Uncategorized
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