The debt on a 21-story office tower known as the Wedbush Center on Wilshire Boulevard in Downtown has transferred to special servicing this month. Debt holder Cerberus Capital Management missed ...

The Wedbush Center's occupancy and net cash flow have decreased, reflecting challenges in the Downtown Los Angeles office market, which has high vacancy rates and decreased demand due to remote ...

The debt behind a 21-story office tower in Downtown Los Angeles has transferred to special servicing ... come down to occupancy. Wedbush Center was last reported as 75 percent occupied, down from 87 ...

The top-tier office market in L.A. is showing signs of strain, with rising vacancies and continued downsizing among major ...