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Sunday Summary: Defaults, Downgrades and ICSC

Those who didn't go to Las Vegas for ICSC might have taken notice of the Flatiron Building sale and Brookfield and RXR's latest default.

New yorkUnited statesGlen oaksJonathan silversteinBlackstone stephanie mcgowanNewmark jackie totoloLas vegasJeff guralBob knakalAriel schusterHessam nadjiEthan chernofskyJacob garlickMarcus millichapRon dickermanTotolo newmark

Brookfield Fund Late on Another Downtown LA Office Tower – Commercial Observer

In February, the borrower defaulted on $784 million in loans connected to two other office towers nearby

Los angelesFund office trust investorGas company towerDowntown los angelesFigueroa streetBrookfield fund lateOffice trust investor725 south figueroa streetBrookfield dtla fund office trust investorKey plazaSpecial servicing

Cleveland narrows options on connecting Downtown to the lakefront

The options are a land bridge with a diagonal or North-to-South alignment. The Shoreway would either stay a highway or be converted to a boulevard.

Justin bibbLisa switkinOffice of capital projectskeshia johnson chambersCleveland city planning commission joyce huangCommunity visioning workshopLakefront community visioning workshop on thursdayCommunity visioning workshop thursdayNorth coast connectorLake erieGreat lakes scienceRoll hallMayor justin bibbNorth coastCleveland mayor justin bibbLakefront community visioning workshopThursday may

Today in Keys History

1892: Key West celebrated the 400th anniversary of the discovery of America by Columbus with special programs in all the schools.

United statesKey plazaMonroe countyKey westCarrie watsonCopelandc johnsonFlorida hotelRestaurant commissionKey west drug companyMiss carrie watsonMatecumbe keyLouise maloney hospitalFleming streetKey west drugOverseas hotel

Today in Keys History

1905: The Island City Bank opened its doors in the Tropical Building and Investment Company’s building until its new building was completed.

Cleveland nilesIsland city bankWeather bureauZayre department store in key plazaInvestment companyTropical buildingKey westMonroe county sheriffHurricane gladysFlorida keys memorial hospitalMonroe general hospitalDepartment storeKey plazaTropical storm fabianFlorida keysDepartment store

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