Airline Moves to Shore Up Financing on Los Angeles’ Tallest Building

https://product.costar.com/home/news/shared/894412140?utm_source=newsletter&utm_medium=email&utm_campaign=personalized&utm_content=p4

In Tough Hotel and Office Market, Korean Air Could Sell Stake in Wilshire Grand Center

Korean Air Lines is lending $950 million to its Hanjin International Corp. subsidiary as part of a refinancing of Wilshire Grand Center, which houses commercial offices and an InterContinental hotel in downtown Los Angeles. (CoStar)
Korean Air Lines is lending $950 million to its Hanjin International Corp. subsidiary as part of a refinancing of Wilshire Grand Center, which houses commercial offices and an InterContinental hotel in downtown Los Angeles. (CoStar)

About the author