The owners of the office complex called Retro Lodge are continuing bank negotiations in an effort to prevent the property's sale. The $2.5 million loan balance is now several months past due, which led Bank of America to schedule trustee sales at least twice this month. But developer Heller Pacific and partners haven't given up on trying to get a loan extension after converting a former downtown Travelodge into one of the city's most creative adaptive-reuse projects, a block away from Sacramento City Hall. The bank agreed to postpone a sale scheduled for Thursday while the partners are deep in talks with them. The project, which received no public subsidies, began taking tenants in 2008

The Astro and the Elroy are quickly becoming one of Sacramento's coolest hangouts. The two newly renovated buildings, which were converted from motels, are collectively known as the RetroLodge. Originally meant to house 50 work/live studios, RetroLodge's amenities include bathrooms, conference rooms with kitchenettes, and shared courtyards. The style is meant to evoke 1950's and 1960's Palm Springs, but the most important feature the property boasts are its 50 parking spaces for lease, a rare find in midtown. One of the first tenants in the Jetsons-named Elroy building was Dig Music - the label of notable Sacramento musician Jackie Greene, perhaps the most successful Sacramento musical p