Los Angeles
Hackman Capital’s TV City Pledges $2M to Support Beverly/Fairfax District, Promote Entertainment Industry Diversity
Television City, the iconic media campus owned and operated by an affiliate of Hackman Capital Partners, pledged $2 million to… Read more
Lawsuit Challenges City of L.A.’s Eviction Ban, Rent Freeze Moratoria
The Apartment Association of Greater Los Angeles (AAGLA) filed a lawsuit against the City of Los Angeles on behalf of… Read more
Shorenstein Secures 48K-SF Lease at Atlanta’s Bank of America Plaza
Real estate investment management company Shorenstein Properties has secured a 48,000-square-foot, multi-floor lease with law firm Lewis Brisbois at Atlanta’s… Read more
LaTerra Development, Canadian Investment Manager Launch $250M Multifamily JV
Los Angeles-based LaTerra Development formed a programmatic JV with Vancouver, Canada-based QuadReal Property Group. The venture will invest up to… Read more
Simon Calls Off $3.6B Deal for Taubman Centers
Simon Property Group said Wednesday it had terminated its Feb. 9 merger agreement with Taubman Centers Inc. and had filed suit… Read more
Capital One Closes Freddie Mac Small Balance Loans for SoCal MFs
Capital One provided Freddie Mac small balance loans totaling $31.1 million to finance nine apartment communities in SoCal. The sponsor,… Read more
Rockefeller-Led JV Lands Loan for $40M Spec Industrial Development in Fontana
Rockefeller Group and joint venture partner MBK Real Estate secured a $24.4 million construction loan from Los Angeles-based City National… Read more
Senate Suspends Bill Allowing Commercial Property Tenants to Walk Away from Leases
California SB 939 was put on the Senate Appropriations “suspense” file on Tuesday. Opponents are urging the Senate Appropriations Committee… Read more
Colliers’ Gil Borok: Preparing CRE for Reopening
By Dennis Kaiser The current economic landscape in the United States is volatile and there’s plenty of uncertainty to go… Read more
Walker & Dunlop Adds Leaders to Growing SoCal Property Sales Team
Bethesda, MD-based Walker & Dunlop, Inc. expanded its property sales team in Los Angeles with the addition of Blake Rogers… Read more
Plans to Redevelop Rancho San Pedro Public Housing Complex Emerge
Greenwich, CT-based The Richman Group, National CORE, and Century Housing, the development team selected by the City of Los Angeles… Read more
Wonderful: Delivering Flexible Solutions to Meet Tenant Needs In Evolving Times
By Dennis Kaiser It might be easy to focus on the agricultural and western ranch activities of California’s Southern Central… Read more
McCarthy Cook Launches $300M Redevelopment of Westside Complex
California-based McCarthy Cook and partner Northwood Investors commenced a $300-million redevelopment of Trident Center, an office complex on Los Angeles’… Read more
California Governor Continues to Transition Stay-Home Orders with New Modifications
California Governor Gavin Newsom issued new guidance on Tuesday that allows barbershops and hair salons to immediately reopen in counties… Read more
Philip Barach Returns to Vista Following Retirement from DoubleLine Capital
Philip Barach, former founding partner and president of DoubleLine Capital, who recently retired from the L.A.-based investment management firm, plans… Read more
CIM Prepares to Debut Creative Offices in East Austin
CIM Group said Thursday it’s preparing to open Fifth + Tillery, a newly-constructed creative office building with outdoor walk-up access in… Read more
CIT Provides $37M Investment for L.A.’s Jordan Downs Redev
CIT and its Pasadena-based banking subsidiary CIT Bank, N.A., made a $37.3 million investment in the Jordan Downs Apartments Project,… Read more
IPA Expands Phoenix Team with Two CRE Industry Vets
Institutional Property Advisors (IPA), a division of Marcus & Millichap, expanded its team in Phoenix with the addition of Peter… Read more
Tribune Tower East Gets Go-Ahead from City Council
The Chicago City Council signed off on construction of Tribune Tower East, part of the redevelopment of Tribune Tower, Crain’s… Read more