A failure to refinance a Pasadena, California, office and retail complex has resulted in the real estate heading to a foreclosure auction, according to its owner, as property owners nationally wrestle with higher interest rates.
Refinancing Snags Lead To Auction for Office Building in Pasadena, California
Owner Says Pasarroyo's Foreclosure Bidding Follows Leasing Efforts
CoStar News
December 8, 2023 | 7:47 P.M.
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IN THIS ARTICLE
- Properties
- Companies
- Coretrust Management, Inc.
Real Estate
- Contacts
- William Boyd
Executive Vice President, Partner, Kidder Mathews