Biography & Early Wealth Journey

Two decades later, that symbol has become a liability.

In a post-pandemic downtown where office demand has cratered, the building is now only about 60% occupied. Worse, De La Hoya and Golden Boy Promotions have reportedly defaulted on a $27 million commercial mortgage-backed securities loan tied to the property, triggering the possibility of foreclosure.

Alberto E. Rodriguez/Getty Images

Primary Income Streams & Multi-Million Contracts

De La Hoya still owes roughly $23 million on the debt after missing a July 2025 maturity date. The loan was subsequently transferred to special servicing, and he is now seeking to renegotiate the terms and extend the repayment deadline.

Golden Boy Promotions remains one of the building's largest tenants, occupying roughly 10,500 square feet, or about 7% of the total space. But occupancy alone will not solve the math problem.

De La Hoya signed the loan in 2015, when the building was appraised at $40 million. A 2025 appraisal pegged its value at just $19 million, a stark illustration of how sharply downtown Los Angeles office real estate has fallen in the era of remote work and corporate downsizing.

For De La Hoya, the situation represents an unexpected second act in a long career defined by risk, leverage, and high-stakes bets. The fighter who built a business empire after leaving the ring now finds himself once again in a familiar position: backed into a corner, trying to survive another round.

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