Los Angeles
Hightower Acquires Wealth Management Firm Bel Air
Chicago-based Hightower has acquired Bel Air Investment Advisors LLC from Fiera Capital Corporation for an undisclosed sum. The deal for Bel Air, with US$8 billion in… Read more
Rexford Boosts 2020 Acquisitions to $1.22B with $103M Portfolio Deal
Los Angeles-based Rexford Industrial Realty, Inc. reports it added $1.22 billion in industrial properties to its portfolio in 2020, representing… Read more
RiverRock Adds Janice Church in Regional Role
Newport Beach-based RiverRock Real Estate Group added Janice Church as regional vice president for its Los Angeles region. Church will… Read more
Culver City Site Goes for $92M, Lendlease Plans $600M Development
Lendlease, in partnership with Aware Super Secure, acquired a nearly 3.6-acre transit-oriented, mixed-use development site in Los Angeles from La… Read more
Hudson Pacific Properties, Macerich Fund $650K Grant Program for LA Artists
Los Angeles-based Hudson Pacific Properties and Santa Monica-based Macerich are fast-tracking more than $650,000 to artists in Los Angeles impacted… Read more
SoCal Ports Report ‘Unprecedented Surge’ in Year-End Cargo Volume
The sister Ports of Los Angeles and Long Beach reported record cargo volume for November. A combination of increased consumer… Read more
Alex Kane Joins NorthMarq in SoCal
NorthMarq expanded its team with the addition of Alex Kane as vice president in its Los Angeles office. He will… Read more
Kearny Commences Otay Crossings Commerce Park BTS for Cabot
Kearny Real Estate commenced construction on a two-building,156,430-sqaure-foot industrial complex within the master-planned Otay Crossings Commerce Park in San Diego’s… Read more
Cabot Properties Divests from Nationwide Industrial Portfolio for $875M
Boston-based international private equity real estate investment firm Cabot Properties has divested from Cabot Industrial Core Fund L.P., a 27-property… Read more
Rexford Buying Spree Continues, Boosts 2020 Activity to $1.1B
Los Angeles-based Rexford Industrial Realty, Inc. acquired a six-building industrial portfolio in Vernon for $93.8 million and an industrial outdoor… Read more
Rockwood-LPC Divest Downtown Los Angeles Tower for Nearly $200M to German Investor
Germany’s Deka Immobilien acquired 915 Wilshire in Los Angeles from Rockwood Capital and Lincoln Property Company West for roughly $196… Read more
Grocery-Anchored Shopping Center in Los Angeles’ Koreatown Sells for $58M
California Marketplace, a three-story retail property in Los Angeles’ Koreatown, traded hands for $57.5 million via a bankruptcy court auction.… Read more
Parkview Delivers Construction Loan for Metro Portland MXU
Los Angeles-based Parkview Financial provided a $12.5-million construction loan to Village Development, LLC for a new a mixed-use project in… Read more
AAREP LA Adds Board Members Including CRE Vets Troy Jenkins, James Malone
African American Real Estate Professionals (AAREP LA) added several executive and advisory board members, while appointing new officers to its… Read more
Duke Boosts Total Investment in SoCal Market to $2B
Duke Realty Corporation reports current investment activity in SoCal totals more than $225 million, including a build-to-suit last mile facility,… Read more
Berkadia Arranges Sale of North Houston Apartments
Berkadia arranged the sale of Chartwell Court, a 243-unit garden style community in north Houston. Senior managing director Ryan Epstein, senior director… Read more
Champion Gets Green Light on 30-Story Tower in Hollywood
Los Angeles-based Champion Real Estate Co. received L.A. City Council approval on a 30-story mixed-use project in Hollywood. The proposed… Read more
Gov. Newsom Launches “Vaccinate All 58” Campaign as First Vaccines Arrive in California
California Governor Gavin Newsom on Monday launched “Vaccinate All 58,” California’s campaign for a safe, fair and equitable vaccine for… Read more
Building a Better, More Sustainable Future in Los Angeles (Part 2)
By Dennis Kaiser Part 2: Building A Model of Sustainability Through Innovation As a new Presidential administration transitions to lead… Read more