CBRE Global Picks Up Mellon Bank Center in L.A.

CBRE Global Investors purchased the Mellon Bank Center, a 701,535-square-foot office building at 400 S. Hope St. in downtown Los Angeles, from an investment entity listed as 400 S. Hope Street Associates. The price was not disclosed. Tishman Speyer acquired the asset for $ 245 million
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Sabal Picks Up $527M in Loans in Bid to Capitalize on Distress

Sabal Financial Group has made an aggressive pay in grabbing non-performing loans. National Real Estate Investor
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