Los Angeles
Electric Scooter Maker Wheels into Industry City
Voro Motors, a personal electric scooter manufacturer, has signed a 4,250 square-foot lease at Industry City in Sunset Park. The Los Angeles-based… Read more
TruAmerica Enters Houston with Two-Property Portfolio Buy
TruAmerica Multifamily has made its first investments in Houston with the acquisition of a two-property multifamily portfolio totaling 652 units.… Read more
California Reduces Container Backlog by 32%
This week, Gov. Gavin Newsom highlighted ongoing work to address the global supply chain crisis, including policies to help ease… Read more
Eisenberg Foundation Schedules Multi-City Real Bright Summit for 2022
The Harold E. Eisenberg Foundation has scheduled its Second Annual Real Bright Summit, presented by Old Second Bank, for Jan. 31-Feb.… Read more
LaTerra and QuadReal Property Close $199M Construction Loan
Burbank is a jobs-rich yet housing-starved market with the highest jobs-to-housing ratio of any city in California. In fact, only… Read more
Hackman and Square Mile Bid $1.8B for CBS Sound Center
Hackman Capital Partners and Square Mile Capital Management LLC offered a bid of $1.8 billion for the purchase of the… Read more
$105M Fannie Mae Loan to Refi Six Multifamily Assets
Fannie Mae loans of $105.24 million were recently arranged on behalf of Goldrich Kest for six multifamily properties located throughout… Read more
Avery on Pearl Sale Shows Institutional Demand for Tacoma
Institutional investors continue to view Tacoma multifamily as an opportunity, in fact, institutional players are “fighting to get into urban… Read more
Christina Announces Final Close of Fourth Fund After $44M Raise
Malibu-based real estate sponsor and manager, Christina Development Corporation, recently announced the final close of Christina Real Estate Investors 4… Read more
Getting into SoCal’s Multifamily Housing Scene with JPMorgan Chase’s Lynnette Antosh
The Southern California multifamily housing sector can be overwhelming. To simplify things, we caught up with Lynnette Antosh, a regional… Read more
Pricing Growth Accelerates Globally in Q3: RCA
Global commercial real estate price growth accelerated in the third quarter of 2021, with Asia Pacific leading gains, the latest RCA CPPI Global… Read more
Holiday Shopping Surge Meets Hampered Supply Chain
On Connect CRE’s recent webinar examining the retail outlook, Anjee Solanki, Colliers’ national director of retail services, expressed concern that supply chain issues could represent the Grinch that stole Christmas even… Read more
SoCal Apartment Dwellers to Pay Triple-Digit Rent Increases
The 2021 University of Southern California Casden Economics Forecast projects triple-digit dollar rent increases in the next two years for… Read more
Cryptocurrency Platform Contracoin Makes U.S. Debut
Contracoin, a global real estate blockchain-powered cryptocurrency platform, is now available in the U.S., based in Los Angeles. The established… Read more
Laurel Woods is DB Capital’s Sixth Texas Acquisition
Real Estate Investment firm DB Capital has added to its already extensive portfolio in Texas with the acquisition of Laurel… Read more
Amazon Continues Space Spree with $165M Brea Buy
Amazon is continuing its buying spree with the $165 million acquisition of the Brea Bank of America campus at 275… Read more
Newsom Outlines Comeback Plan During Economic Summit
Gov. Gavin Newsom participated in a fireside chat this week at the California Economic Summit in Monterey. During the summit,… Read more
Kennedy Wilson Names Head of Commercial Investment Group
Gary Palmer has been named president of the commercial investment group at Kennedy Wilson, based in Los Angeles. In addition to… Read more
Newly Acquired Empire Landing is a Rare Large-Unit Offering in Burbank
Clarion Partners and Cityview jointly acquired Empire Landing, a 276-unit garden-style apartment complex in Burbank, for $161 million. Empire Landing… Read more