The apartment building featured on the Eagles’ Hotel California album back cover is headed to a foreclosure auction later this month. The Lido, a mid-rise Hollywood building with 100 apartments, has a $29.4 million unpaid debt balance tied to it, according to a legal notice published in the Daily Commerce. A company connected to Neveo Mosser’s Mosser Capital owns the building, at 6500 Yucca Street. Mosser earlier received a notice of default from lender Ready Capital before the foreclosure auction was scheduled for October 28. Mosser Capital, a real estate syndicator and private equity firm, purchased the apartments for $32 […]
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