Big-money mortgage defaults dot LA map in 2024
January 4, 2025, 12:26 am
Gaw Capital took out the massive loan in 2019, Morningstar data shows. It contains two notes secured by Ovation Hollywood which matured Aug. 5 last year. It was placed on a special servicing watchlist in May before transferring to special servicing the following month due to “immanent maturity default,” which occurred in August.
