Los Angeles
Common Launches Brand for Workforce Renters
Co-living developer Common has launched its new workforce housing brand, Noah Living, in partnership with Outlier Realty Capital. The brand… Read more
Northwestern Mutual Divests MF in Oxnard for $92M
The Artisan at East Village, a 272-unit garden-style multifamily property in Ventura County, CA, traded hands for $92.25 million. The… Read more
Green Pace Closes $45M C-PACE Deal for Koreatown MXU
San Diego-based Green Pace Financial, Inc. and its affiliate Hoover Financial, Inc. closed on $44.5 million in PACE approved construction… Read more
Rising Realty Q&A: Collaboratively Responding to a Global Pandemic
By Dennis Kaiser Property operations have taken center stage as the commercial real estate industry shifts into reopening mode following… Read more
Rare Value-Add 122-Unit MF Portfolio in Granada Hills Sells for $25M
Los Angeles-based Universe Holdings purchased a three-building, 122-unit multifamily portfolio in Granada Hills for $25 million. The off-market portfolio was… Read more
CIM Group Buying Baldwin Hills Crenshaw Plaza for $100M
CIM Group is acquiring the 869,000-square-foot Baldwin Hills Crenshaw Plaza, a regional shopping mall in Los Angeles’ Baldwin Hills/Crenshaw market.… Read more
NorthMarq Arranges $75M Refi for Costa Mesa MF
An affiliate of Los Angeles-based E&S Ring secured $75 million in permanent refinancing for Mediterranean Village, a multifamily garden apartment… Read more
Elion Establishes West Coast Presence in Seattle with Former Amazon Logistics Exec
Miami-based Elion Partners expanded its leadership team with the addition of James Lambert, the former head of real estate for… Read more
Production Pause Ripples Across SoCal’s Media & Entertainment Space
Film and television studios across Los Angeles County have been forced to say “cut” to productions currently underway due to… Read more
Marcus & Millichap Completes $102M MF Portfolio Deal in L.A.
The Armor Collection, four multifamily portfolios in Los Angeles, has traded hands for a total of $102 million. The sales… Read more
Iconic Wally’s Wine & Spirits Westside Site Sold
The former home for more than 30 years of the iconic Wally’s Wine & Spirits store in West Los Angeles… Read more
Dekel Delivers $59M Construction Loan for Thousand Oaks MF
Los Angeles-based Dekel Capital arranged $59 million in construction financing on behalf of The Latigo Group, which started work on… Read more
Land Use Specialist Jodi Stein Joins Sheppard Mullin
Jodi Stein has joined the real estate, land use and environmental practice group as a partner in the New York… Read more
Australian Developer Buys DTLA Site for 43-Story MXU Tower; First Project in U.S.
Australian residential developer Crown Group is making its first move into the U.S. It bought a site at 1111 Hill… Read more
Nicholas Bryer Leaves CIM for Roxborough in San Francisco
The Roxborough Group expanded its team in San Francisco with the addition of Nicholas Bryer. He joins as a senior… Read more
Archway Fund Completes Recap, Will Provide CRE Debt to Middle Market as Archway Capital
Partners Capital Finance Inc., which does business as Archway Fund, and the principals of alternative investment manager Oakhurst Advisors, successfully… Read more
Where the Hotspots Are for Economic Fallout
The fallout from the shutdowns mandated by the coronavirus pandemic will affect every major metro area in the country, but… Read more
Prime Healthcare Acquiring Verity’s St. Francis Medical Center for $350M
The U.S. Bankruptcy Court for the Central District of California in Los Angeles approved the sale of St. Francis Medical… Read more
AECOM Converting Memphis Retail Center to COVID-19 Hospital
AECOM has been selected by the U.S. Army Corps of Engineers to convert space at Gateway Shopping Center in Memphis… Read more