Los Angeles
Hudson Pacific Pledges $500K to DTLA’s Union Rescue Mission
Hudson Pacific Properties (NYSE: HPP) has pledged $500,000 over the next three years to Union Rescue Mission. The pledge is… Read more
SB 50 Opposition Vocal as January 31 Deadline Looms
With a week until a key January 31 deadline, California’s SB 50, major legislation that aims to increase housing growth… Read more
Sares Regis Seals Multifamily Fund at $328 Million
Newport Beach-based Sares Regis has closed out fundraising for its Sares Regis Multifamily Value-Add Fund III at $328 million in… Read more
Buchanan Street Delivers $55M MXU Construction Loan
Buchanan Mortgage Holdings, the finance arm of Newport Beach-based Buchanan Street Partners, has delivered a $55-million construction loan for The… Read more
SoFi Stadium Nearing Construction End Zone in L.A.
SoFi Stadium, the Kroenke Group’s new 70,000-seat home of the L.A. Rams and Chargers, is 85% complete and on schedule… Read more
Champion Buys Northridge Apartments for $15M
LA-based Champion Real Estate Company has acquired the Valleywood Apartments (formerly Willows Apartments) at 17806 Lassen Street in the Los… Read more
Connect Q&A: Pamela L. Westhoff, NAIOP SoCal 2020 President
Connect Media had the distinct pleasure of getting an exclusive overview of what to expect from the tenure of NAIOP… Read more
Little Tokyo Planning 175 Affordable Housing Units in DTLA
Plans for a new affordable housing project in downtown Los Angeles have been filed with the Department of City Planning… Read more
Warner Bros Breaks Ground on New Gehry-Designed HQ
Warner Bros has broken ground on a pair of Frank Gehry-designed office towers, an expansion of the Burbank movie and… Read more
Urban Commons Names Queen Mary Preservation Consultants
Urban Commons, the Los Angeles-based leaseholder of the Queen Mary, has retained the services of A.M. Marine Surveys and John… Read more
Faster Pace of 2020 Deliveries Could Ding Multifamily Fundamentals
Continuing a development boom that saw delivery of more than two million apartment units over the past decade, the volume… Read more
Gelt Strikes Deal to Acquire Kallisto at Bear Creek for $146M
Gelt Inc. broadened its Denver-area apartment portfolio by acquiring the 472-unit Kallisto at Bear Creek. The Los Angeles buyer paid… Read more
Pacific Oak-Sponsored DST Acquires Meridian Apartment Homes
A DST sponsored by Los Angeles-based Pacific Oak Capital Advisors acquired Meridian Apartment Homes, a 280-unit multifamily complex in Midland,… Read more
Travelers Can Win A Holiday Do-Over Getaway
The holidays are over, but for those who stayed home, vacation exchange network RCI and Love Home Swap are giving… Read more
Midwood Acquires Historic Park Wilshire Apartments in Westlake for $38M
New York City-based Midwood Investment & Development has acquired Park Wilshire, an historic Los Angeles apartment building adjacent to MacArthur… Read more
Financial Partners Credit Union Acquires Costa Mesa Office Park for $13M
Financial Partners Credit Union has acquired Scenic Business Park from EQ Office for $13 million in a transaction brokered by… Read more
Aragon Swaps 13,000 Apartments for $1.9B
An affiliate of Harbor Group International (HGI) has purchased a portfolio of 36 apartment properties totaling 13,243 units from Aragon… Read more
Gemini Rosemont, Beacon Capital Complete $230M Recap, Refi of Bellevue Office Campus
Los Angeles-based Gemini Rosemont Commercial Real Estate completed the recapitalization and refinance of One Twelfth @ Twelfth, an office campus… Read more
Beverly Center Unveils Large-Scale Pae White Art Installations
LA’s landmark Beverly Center, owned and operated by Taubman, has unveiled two massive art installations by Pae White, re-imaging the… Read more