Los Angeles
BH Properties Launches Debtor-in-Possession Platform
Los Angeles-based BH Properties launched a debtor-in-possession (DIP) initiative and set aside $200 million in initial funding to finance and… Read more
Amazon Expands Footprint in Hawaii
Seattle-based Amazon acquired a 14.5-acre industrial property in Honolulu Servco Pacific for an undisclosed amount. The property sits next to… Read more
DTLA’s U.S. Bank Tower Goes to Mystery Buyer for $430M
Beringia Central LLC, an indirect wholly-owned subsidiary of OUE Limited, is selling U.S. Bank Tower in Downtown Los Angeles to… Read more
Are Large Financing Transactions Back?
By Paul Bubny Last month, SL Green Realty Corp. closed on a $510-million mortgage financing that was secured by 220… Read more
Troy Jenkins Joins Avison Young’s Global Investment Management Team
Avison Young is expanding its Global Investment Management practice with the addition of Troy Jenkins as a Principal and Director… Read more
Omninet Capital Buys MF in L.A.’s Koreatown for $32M
Beverly Hills-based Omninet Capital acquired The Maya Apartments, a 72-unit multifamily property in Los Angeles’ Koreatown section, from Jamison Properties… Read more
George Smith Partners Secures $63M in Financing for MXU Development in Colorado
Los Angeles-based George Smith Partners secured a $62.75 million non-recourse bridge loan for a 253-unit Class A, mixed-use development near… Read more
CBRE Wins Chase Bank Portfolio Assignment from MetLife
Los Angeles-based CBRE won the assignment to market a portfolio of 16 current and former Chase Bank retail properties throughout… Read more
Rexford Names Laura Clark CFO
Los Angeles-based Rexford Industrial Realty, Inc. appointed Laura Clark as Chief Financial Officer, effective September 1, 2020. Clark will succeed… Read more
Wafra Invests $400M in Digital Colony Platform
New York-based Wafra Inc. is acquiring a minority stake in Digital Colony, the digital investment management division of Los Angeles-based… Read more
High Desert Hotel to be Sold in Bankruptcy Auction
The Inn at Silver Lakes Resort Lodge Owners Association engaged NRC Realty & Capital Advisors, LLC to sell 100% of… Read more
Los Angeles Accepting Applications for $100M COVID-19 Rent Relief Program
The window to apply for Los Angeles’ $100-million COVID-19 rent relief program opens today. Renters can apply for up to… Read more
Onni Updates Design Plan for Times Mirror Square Redevelopment in L.A.
Vancouver, Canada-based developer Onni Group updated its designs for Times Mirror Square, a proposed mixed-use high-rise development on a 3.6-acre… Read more
Andrew McDonald Steps into Americas Chief Executive Role at Cushman & Wakefield
Cushman & Wakefield tapped Andrew McDonald to take over the helm of the Americas for the global commercial real estate… Read more
BLT Enterprises Buys Carlsbad Facility for $40M
Los Angeles-based BLT Enterprises acquired Create, a newly developed 146,108-square-foot Class A pharmaceutical manufacturing facility in Carlsbad from RPG, formerly… Read more
Brasa Expands into Credit, Adds to Team
Los Angeles-based Brasa Capital Management closed its first credit vehicle, Brasa Credit I, LP. The vehicle will now allow Brasa… Read more
Near-Total Loss for SoCal’s On-Location Filming Q2
A new report from FilmLA shows that the coronavirus health threat and stay-home orders dramatically reduced location shoots by 98%… Read more
Cambridge Realty Provides $4M HUD Loan for Longview Nursing Care
Cambridge Realty Capital Companies has provided a $3,907,100 HUD Lean loan to refinance Summer Meadows, a 115-bed skilled nursing care… Read more
Colony Capital, Vantage Data Centers Form $1.2B Strategic Partnership
An investor group led by Los Angeles-based Colony Capital, Inc. formed a strategic partnership with Vantage Data Centers valued at… Read more