The lender on a defaulted loan tied to The Park Santa Monica, a 249-unit luxury apartment complex at 500 Broadway, has scheduled a foreclosure auction of the property for next month, claiming more than $513 million is now owed, according to a notice of trustee's sale posted on the front of the building. 

Read More: https://www.smdp.com/apartment-complex-with-its-own-trader-joes-goes-up-for-auction/