Beverly Hills
CBRE Closes Sale of Apartments Along Wilshire’s “Golden Mile”
CBRE and Carolwood Estates brokered the sale of Utama Royale, a luxury 18-unit multifamily building located at 10351 Wilshire Blvd.… Read more
Del Ray Realty Secures 85% LTV for Beverly Hills MOB Acquisition
Notwithstanding a volatile commercial lending market, particularly relating to office buildings, Del Ray Realty founder Ray Rowshankhah secured a favorable loan structure… Read more
Transformative One Beverly Hills MXU Breaks Ground
The developers of One Beverly Hills held a ceremonial groundbreaking Thursday for the mixed-use project. With a final cost estimated… Read more
California People and Company News for Jan. 12, 2024
The California Mortgage Bankers Association has named Tai Christensen, president of national affordable housing program Arrive Home, chair of its Diversity,… Read more
Skanska Divests Newly Built L.A. Offices for $71M
Skanska has sold 9000 Wilshire, an office building it developed in Beverly Hills, to a company based in Europe for approximately $71 million.… Read more
Kidder Mathews Elevates Luchs to Managing Director
Kidder Mathews’ Josh Luchs has been promoted to managing director of the firm’s San Fernando Valley office. He is a top producer with… Read more
Kennedy Wilson Brokerage Tapped to Lease Hollywood Park’s Retail
Kennedy Wilson Brokerage has been named the exclusive leasing agent for the shops at Hollywood Park. Located in Inglewood, Hollywood Park is… Read more
Cityview Completes Multifamily in Pico-Robertson
Multifamily investment management and development firm Cityview has completed The Parker, a 123-unit mixed-use project in the Pico-Robertson community of… Read more
Sonder Expands SoCal Footprint with LA, OC Properties
Hospitality company Sonder Holdings Inc. is launching three new properties in Southern California. They include the company’s first two locations… Read more
California People and Company News for Sept. 22, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Sentral Grows Management Portfolio by Two LA Properties and One in Philly
Sentral, a full-building residential hospitality operator, said Tuesday it will manage two new luxury residential communities in Los Angeles: Figueroa… Read more
California People and Company News for Sept. 1, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Temecula Industrial Sells to Beverly Hills-Based 1031 Buyer
CBRE facilitated the sale of three industrial buildings in the Highland Business Center in Temecula to a private buyer from Beverly… Read more
StarPoint Building Phoenix Multifamily/Industrial Projects
Beverly Hills, California-based StarPoint Properties bought two Phoenix-area properties during the Covid epidemic and bided its time until market conditions… Read more
EB-5 Expert Jonathan Bloch Joins Ervin Cohen & Jessup
Jonathan Bloch has joined the real estate practice at the Beverly Hills-based business law firm Ervin Cohen & Jessup LLP. He is… Read more
Avison Young Completes $37.5M Refi of Orlando Apartments
Avison Young Capital Markets lead Principals Jay Maddox and Peter Sherman and Miami-based Principal George Vail have arranged the $37.5… Read more
Cain, Security Benefit to Buy $1.2B PacWest NY Portfolio
Cain International, in partnership with Security Benefit Life Insurance Company, has agreed to acquire a portfolio of real estate construction… Read more
Kennedy Wilson, Fairfax Close on First Tranche of $5.7B PacWest Portfolio
Kennedy Wilson and Fairfax Financial Holdings Ltd. have closed on the initial tranche of loans as part of a $5.7-billion… Read more