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Loan for Onni-Owned Los Angeles Office Faces 'Imminent Monetary Default'

Miracle Mile Building Recently Leased Space to Sony Pictures Animation
Onni Group's roughly 1 million-square-foot 5750 Wilshire Blvd. office is located in Los Angeles' long-struggling Miracle Mile office market. (CoStar)
Onni Group's roughly 1 million-square-foot 5750 Wilshire Blvd. office is located in Los Angeles' long-struggling Miracle Mile office market. (CoStar)
CoStar News
May 17, 2023 | 7:53 P.M.

A Canadian real estate giant is facing financial trouble at a Los Angeles building as the weakening office market creates turmoil for landlords.

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