Los Angeles
North Pointe Sells to Investors Capital Group for $25M
Multifamily continues to shine even as the COVID cloud begins to lift in many areas. A recent example is North… Read more
McKinley Packaging Takes Industrial Space in SE LA
A 102,516-square-foot industrial building in Southeast Los Angeles is now fully leased up with the signing of McKinley Packaging. The… Read more
Goodman Fullerton’s 1.5M-SF Logistics Campus Gets Underway
Goodman has commenced development of a 1.5 million-square-foot four-building logistics campus at 2099 Orangethorpe Ave. in Fullerton. Scheduled for opening… Read more
Braemer Enters Purchase Agreement for Mr. C Beverly Hills Hotel
Braemar Hotels & Resorts Inc. has entered into a definitive agreement to acquire the 138-room Mr. C Beverly Hills Hotel… Read more
The Depot Creative Campus Gets $54M in Construction Financing
Upon completion, The Depot, a 107,199-square-foot 1.5 acre creative office campus in the West Adams micro market of Los Angeles,… Read more
Boulder Crossing Signs Large Retailers, More in the Works
Retail center Boulder Crossing, located at the intersection of Winchester Road (Highway 79) and Domenigoni Parkway in south Riverside County,… Read more
L.A. Investor Makes Ninth South Side Acquisition
A 44-unit apartment building at 4611 S. Drexel Blvd. in the Kenwood neighborhood of Chicago’s South Side has sold. Jeff… Read more
The Link in Burbank’s Media District Sells for $62M
The Link, a recently renovated seven-story class-A office building located at 2901 West Alameda Ave. in Burbank, sold to Pendulum… Read more
Freight Bottlenecks Cost U.S. Economy $42B in 2019
Freight bottlenecks cost the U.S. economy more than $42 billion in 2019, a hidden tax on the American people that… Read more
Ralphs-Anchored Midtown Center Gets $64M Refi
While many properties and lenders have been impacted by the pandemic, Midtown Shopping Center, a 216,813-square-foot shopping center anchored by… Read more
Hospitality Hits a High Note in U.S. Bank Capital Improvement Plan
Silverstein Properties has plans for a $60 million capital improvement program to upgrade and reposition the U.S. Bank Tower in… Read more
Optimus Properties Completes First Distressed Note Sale
Optimus Properties LLC, headquartered in Los Angeles, has completed the purchase and subsequent disposition of its first distressed note backed… Read more
Ares Management to Acquire Black Creek Group’s U.S. Business
A subsidiary of Ares Management Corporation has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S.… Read more
The Sale of The Switchyard is a Pivotal Moment for Recovery
The Switchyard, a 150,451-square-foot class-A creative office campus, recently sold in the Arts District of Los Angeles. San Francisco-based SteelWave… Read more
Barstow Dual-Branded Marriott Gets Cleared for Development
Black Bear Capital Partners (BBCP) recently arranged $24.4 million in financing on behalf of Hotel Investment Group for the construction… Read more
RICS Sees Infrastructure Focus Driving Americas Construction Uptick
RICS’ global Q1 2021 Construction Monitor shows that activity is continuing to pick up gradually for the Americas. Both Canada and the… Read more
Robert Maguire, Who Transformed L.A. Skyline, Passes Away at 86
Robert F. Maguire III, who changed the Los Angeles skyline as the developer of prominent high-rises including downtown icon U.S.… Read more
Hope on Hyde Park Aims to Create Deepened Sense of Community
A 60,000-square-foot affordable transitional housing community, Hope on Hyde Park, recently broke ground in Los Angeles. The five-story residential community… Read more
Fort Worth Distribution Center is Fully Leased
JLL Income Property Trust’s recently acquired Fort Worth Distribution Center is now fully leased with the addition of new tenant,… Read more