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One of the biggest landlords in Los Angeles just defaulted on $755 million in loans for two sky scrapers as remote work keeps offices vacant

BYJohn Gittelsohn and Bloomberg
Looking up at tall office towers in Bunker Hill, north of Financial District, downtown Los Angeles, California, USA. Deloitte sign atop Gas Company Tower in center is 52-story, 228.3 m (749 ft).
Looking up at tall office towers in Bunker Hill, north of Financial District, downtown Los Angeles, California, USA. Deloitte sign atop Gas Company Tower in center is 52-story, 228.3 m (749 ft).
Barry Winiker—Getty Images