August 23rd Century City Hospital closed. People were transferred out. I read that people were not paid for the last several weeks.

2070 Century Park East Century City Doctors Hospital was a 176 bed hospital that was  like a five star hotel. Backruptcy closure ended it's three year old start. ABC stated that the officials said the closure was from inability to sell the hospital or get new financing or extend current financing.

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Real estate right now is all about financing. This is the current largest reason that home prices are declining. This hospital closure is one more fact that all levels of economy are affected.

This building will be bought and restored if it is to have the fate of other real estate.

Any address in Century City has always been about success. This building will have another day.

Our heart goes out to the many people who suffered this financial loss.