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Los Angeles Office Building Runs Into Loan Payment Issue

Encino Property Faces Falling Occupancy, CMBS Bondholder Notes Say
The roughly 163,000-square-foot office building is located at 16530 Ventura Blvd. in Los Angeles' Encino neighborhood. (CoStar)
The roughly 163,000-square-foot office building is located at 16530 Ventura Blvd. in Los Angeles' Encino neighborhood. (CoStar)
CoStar News
November 27, 2023 | 10:06 P.M.

Another Los Angeles office building is facing distress as owners of physical workstations nationwide see demand falling — and lending freezing — in response to the popularity of working from home, combined with economic uncertainty.

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