Los Angeles
Workforce Housing Project Secures $19M Financing
Parkview Financial provided a nearly $19-million construction loan to Schiller Park, IL-based MB Bloomingdale Trails, LLC. The loan will finance the development… Read more
CBRE Secures $20M Acquisition Financing for Trio of SoCal Retail Centers
CBRE’s Capital Markets’ Debt & Structured Finance team arranged $19.9 million in acquisition financing for three retail centers in Southern… Read more
Rexford Picks up Five SoCal Assets for $73M
Los Angeles-based Rexford Industrial Realty, Inc. acquired five industrial properties in SoCal for $73.2 million. These recent transactions total 434,000… Read more
78 Million Square Feet of New Office Will Come Along at an Opportune Time
Among the bright spots of May’s surprisingly strong jobs report was the gain of 464,000 positions in construction employment. This… Read more
NKF Arranges $208M in Refi’s California MFs
NKF’s Multifamily Capital Markets team arranged a $167.85 million loan for the refinance of Summer House Apartments in Alameda, CA,… Read more
California Gov. Newsom Closes Indoor Operations in 19 Counties Across State
California Gov. Gavin Newsom on Wednesday ordered 19 counties across the state to shut down indoor operations of restaurants and… Read more
Onni Eyes Two-Tower Redevelopment for Wilshire Courtyard
Canadian developer Onni Group proposed redeveloping Wilshire Courtyard, a Miracle Mile landmark office complex built by J. H. Snyder Co.… Read more
New Plan Emerges for $2B One Beverly Hills MXU Development
Los Angeles-based Alagem Capital Group and London-based Cain International revealed a $2-billion plan for One Beverly Hills, a mixed-use development… Read more
BREAKING NEWS: Blackstone Buys Big Stake in Hudson Pacific
New York-based Blackstone is acquiring a 49% interest in Hudson Pacific Properties, Inc.’s three Hollywood studios and five on-lot or… Read more
FCP Enters Phoenix Market via $72M MF Acquisition
Los Angeles-based Tides Equities LLC brought a new equity partner for the $71.5 million acquisition of Tides at South Tempe.… Read more
California Gov. Newsom Closes Bars in 7 Counties, Advises Another to Reinstate Stay-Home Order
The Golden State’s planned reopening took a few steps back over the weekend. California Governor Gavin Newsom on Sunday tweeted:… Read more
Onni Proposes 36-Story DTLA Arts District Tower
Canadian developer Onni Group revised its plans for a roughly 2.17-acre site in DTLA’s Arts District that now is proposed… Read more
AC Hotel by Marriott Delivers in Beverly Hills
Irvine, CA-based R.D. Olson Construction completed construction on the AC Hotel by Marriott in Beverly Hills, an 11-story, European-inspired luxury… Read more
Loganville Retail Property Trades for $16M
New York City-based Big V Group has acquired North Logan Commons, a 175,969-square-foot retail property in Loganville for $15.6 million.… Read more
HelloOffice Raises $20M in Fundraising Round
San Francisco-based HelloOffice raised a $20 million Series A round of financing. Point Ventures led the investment round with participation… Read more
Netflix Acquires Hollywood’s Historic Egyptian Theatre from American Cinematheque
Los Gatos, CA-based Netflix acquired the Egyptian Theatre in Hollywood with plans to invest in the theatre’s renovation, and will… Read more
Jodie Poirier Rejoins Colliers to Lead SoCal Market
Colliers U.S. announced that Jodie Poirier rejoined the firm as Executive Managing Director and one of two market leaders in… Read more
Overton Moore Commences Phase II of Pacific Commons South in Fremont
Overton Moore Properties (OMP) commenced construction on Phase II of Pacific Commons South in Fremont. Phase I of construction is… Read more
Wingspan, Integrated Capital JV on Plainfield Apartments
Locally-based Wingspan Development Group formed a joint venture with Integrated Capital Management, a Los Angeles-based investment management firm. The JV is partnering on… Read more