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Home Commercial Kennedy Wilson Acquires Landmark 601 City Center Tower in Downtown Oakland Through Foreclosure
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Kennedy Wilson Acquires Landmark 601 City Center Tower in Downtown Oakland Through Foreclosure

April 3, 20263 Mins read852
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The Beverly Hills-based firm purchased the loan on the 23-story Blue Shield headquarters tower before proceeding with foreclosure, assuming just $63.8 million of the building's $265 million in mortgage debt — a fraction of its $275.6 million assessed value that signals continued pain for East Bay commercial real estate A landmark downtown Oakland office tower […]

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