Los Angeles
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
L.A.-Based 1031 Buyer Lands Scottsdale Airpark Creative Office, Airplane Hangar
Los Angeles-based Route 66 Properties LLC acquired a 39,520-square-foot creative office property and airplane hangar in the Scottsdale Airpark for… Read more
DTLA’s City National Plaza Refinanced for $550M
City National Plaza, an iconic two-tower office complex in DTLA, has been refinanced. The 2.5-million-square-foot property owned by CommonWealth Partners… Read more
Greystone Delivers $116M to Refi Mission-Driven MF Portfolios in SoCal
New York-based Greystone provided $116,439,707 in mission-driven Freddie Mac loans to refinance three separate portfolios consisting of 34 total workforce… Read more
California Reopening Rules Eased for 53 Counties
California Governor Gavin Newsom relaxed rules that have kept the state under tight stay-home orders, a change that could open… Read more
Crown Expands U.S. Development Team in Los Angeles
Australian residential developer Crown Group expanded its leadership team in Los Angeles with the addition of Patrick Caruso as Head… Read more
CREXi & Realogy Form CRE Integration Partnership
Los Angeles-based CREXi launched a partnership with Realogy and integration of CENTURY 21 and Coldwell Banker Commercial into its robust… Read more
Remote Work Could Spur Move to Exurbs and Secondary Cities
CRE industry members have wondered aloud what the advent of stay-at-home orders will mean for office use in the long… Read more