Beverly Hills
KeyBank Arranges $248M for G. H. Palmer’s The Lorenzo
KeyBank Real Estate Capital arranged a $247.8 million Freddie Mac, first mortgage loan for The Lorenzo, a 913-unit multifamily community… Read more
ESI Ventures Sells PHX MF for 4X Purchase Price
ESI Ventures divested Madison Grove Apartments in Phoenix to Rincon Partners in an off-market transaction valued at $21.45 million. The… Read more
Trio of DTLA Parcels Sell for $134M, MXU Campus Planned
Beverly Hills-based ESI Ventures acquired three parcels in Downtown Los Angeles for $134 million. The purchases are part of the… Read more
Alo Yoga Rolls Out the Mat in Brooklyn
Athleisure brand Alo Yoga will be establishing its first New York City location when it opens this fall in a… Read more
Rodeo Drive Property Sells Twice in 24 Hours, Purchase Price Doubles to $110M
Palm Beach, FL-based Sterling Organization closed the $110-million sale of a 7,634-square-foot parcel at 456 N. Rodeo Drive in Beverly Hills, CA. The… Read more
WeWork Takes 250K SF at Kennedy Wilson San Francisco Tower
Beverly Hills-based Kennedy Wilson and joint-venture partner Takenaka Corporation signed an 18-year, 251,722-square-foot lease with WeWork to occupy all 20… Read more
Corporate Realty Associates Brokers Join Kennedy Wilson’s Property Services Division
Connect Los Angeles is right around the corner on March 27th at the Hotel Indigo in DTLA. Here is where… Read more
Top Broker Honoree: Kennedy Wilson’s Lee Shapiro
Lee Shapiro of Kennedy Wilson closed deals totaling $1.7 billion in 2017. He specializes in leasing commercial real estate, though… Read more
California Housing Approvals Fall Behind, Fast-Track Development Law Kicks-In
Nearly all California cities and counties (97.6%) are failing to approve enough housing development projects to keep pace with population… Read more
Kennedy Wilson Snags Salt Lake City MF’s for $93M
Beverly Hills, CA-based Kennedy Wilson acquired a pair of multifamily properties in Salt Lake City for a combined off-market deal… Read more
Mixed-Use Property in North San Diego County Goes for $8.2M
Roosevelt Plaza @ Carlsbad Village, a 19,950-square-foot, mixed-use property in Carlsbad, CA, has traded hands. The three-story retail, creative office… Read more
$60M Financing for Park City, UT’s St. Regis Deer Valley
Beverly Hills, CA-based Sonnenblick-Eichner Company arranged $60 million of financing for The St. Regis Deer Valley, a year-round destination resort… Read more
Hudson Pacific Divests California Assets for $255M
Los Angeles-based Hudson Pacific Properties, Inc. is divesting four office assets in California for aggregate gross proceeds of $254.8 million… Read more
$110M Financing Arranged for InterContinental San Francisco
Beverly Hills, CA-based Sonnenblick-Eichner Company arranged $110-million in first mortgage financing to refinance the InterContinental San Francisco, a 32-story, 550-room… Read more
Douglas Emmett Buys Beverly Hills Office for $144M
Santa Monica-based Douglas Emmett, Inc. acquired 9401 Wilshire Boulevard, a 146,300-square-foot, Class A office property in Beverly Hills’ Golden Triangle… Read more
Omninet Capital Acquires Mission Center Office Park
Beverly Hills, CA-based Omninet Capital acquired Mission Center Office Park from Kearny Real Estate Company for an undisclosed amount. The… Read more
JWA Hotel Set for Reno, Reflag as Hyatt Regency
Beverly Hills, CA-based Newport Hotel Holding LLC is renovating and reflagging its 340-room hotel in Newport Beach, CA. The property… Read more
LA’s Metro Purple Line Impacts Nearly 20M SF of Office Space
LA’s most densely urban pockets are soon to be connected by underground rail, and the expansion of the Metro Purple… Read more
Kennedy Wilson Completes $304M Asset Sales in US, Ireland
Beverly Hills, CA-based Kennedy Wilson completed two asset sales totaling $304 million, which will generate roughly $130 million in profit… Read more