Los Angeles
KBS Completes Initial Phase of $20M Union Bank Plaza Renovation, Earns Historic Designation
Union Bank Plaza, a 40-story, 701,888-square-foot office tower and retail plaza in DTLA, recently became the first skyscraper in Los… Read more
Parkview Provides $26M Construction Loan for Denver Art District MF
Los Angeles-based Parkview Financial provided a $26 million construction loan to CRE Development Investments for the development of Art District… Read more
New York Investors Buying Baldwin Hills Crenshaw Plaza
New York-based LIVWRK and DFH Partners were selected by Chicago-based Capri Urban Investors to acquire the 40-acre Baldwin Hills Crenshaw… Read more
Greystone Provides $35M Fannie Mae DUS Loan for Colton MF
New York-based Greystone provided a $35-million Fannie Mae Delegated Underwriting and Servicing (DUS) loan to refinance a 515-unit multifamily community… Read more
LA County Industrial Tops U.S. Rent Growth Forecast
CBRE Econometric Advisors is forecasting that industrial rents in Los Angeles County will increase 41% through 2025, which works out… Read more
Unilev Capital Claims National City Industrial Asset
Los Angeles-based real estate investment firm Unilev Capital acquired a multi-tenant industrial property in National City for $13.5 million. Located… Read more
Dedeaux-Led JV Divests Riverside Industrial Park for $44M
Los Angeles-based Dedeaux Properties and joint venture partner Artemis Real Estate Partners sold a recently completed state-of-the-art warehouse building in… Read more
CIM Group Provides $73M Bridge Loan for Orlando Office Tower
Los Angeles-based lender CIM Group has provided a $72.9 million bridge loan for SunTrust Plaza at Church Street Station, a… Read more
Wonderful Real Estate’s Erin Poulson Morris on Bringing an Operator’s Knowledge to Development
By Paul Bubny Consumer packaged goods companies typically turn to industrial real estate developers to build manufacturing and distribution facilities,… Read more
Black Creek Bags Livermore Facility from Crow Holdings
Denver-based Black Creek Group acquired 7600 Hawthorne Ave. in Livermore from Los Angeles-based Crow Holdings Industrial. Construction of the 241,591-square-foot… Read more
Irvine Co. Partners with UCI Health on COVID Protocols Across 50M-SF Portfolio
Irvine Company partnered with UCI Health to review and enhance its comprehensive program to help companies come back with confidence… Read more
CBRE Predicts Worst is Behind SoCal Hotel Sector
The U.S. hotel industry is poised to begin a multiyear recovery in the third quarter. That prediction comes after the… Read more
L.A. Buyer Snags Austin Luxury Apartments
FourPoint Investment Sales Partners arranged the sale of Ethos Apartments in Austin. Built in 2014, Ethos Apartments is a 372-unit luxury garden apartment community. … Read more
Dedeaux Expands Industrial Development & Investment Team
Los Angeles-based industrial real estate development and investment firm Dedeaux Properties expanded its team with the addition of Rishi Thakkar… Read more
JLL Funds $57M for 4-Asset SoCal MF Portfolio
JLL Capital Markets funded $56.73 million for a four-property multi-housing portfolio encompassing assets sized from 16 to 69 units in… Read more
MIG Moves on Bay Area, SoCal Opportunity Zone Developments
Newport Beach-based MIG Real Estate, LLC opened escrow on two new Opportunity Zone ground-up multifamily developments in California: a 140-unit… Read more
PGIM Real Estate Adds 30-Property Industrial Portfolio
PGIM Real Estate has acquired a 30-property industrial portfolio totaling 5.4 million square feet on behalf of its U.S. core… Read more
Apartment Association Fights L.A.’s Eviction Ban & Rent Freeze
The Apartment Association of Greater Los Angeles (AAGLA) filed a Preliminary Injunction Motion against the City of Los Angeles seeking… Read more
Turnbridge Taps Michael Gazzano to Oversee West Coast Investment Initiatives
Turnbridge Equities named Michael Gazzano to oversee new acquisition and development opportunities on the West Coast, as the New York-based firm… Read more