Los Angeles
Yucaipa Restaurant Retail Trades for $8 Million
Hanley Investment Group has completed the sale of a two-tenant retail site occupied by In-N-Out Burger and Corky’s Kitchen &… Read more
Tishman/Mitsui JV Launches San Francisco Class A Office Development
A joint venture of Tishman Speyer and Mitsui Fudosan America is moving forward with 1.2 million square feet of Class… Read more
Hines/USAA Set for Creative Mixed-Use in West LA
Houston, TX-based Hines is partnering with San Antonio, TX-based USAA Real Estate and local property owner Philena Properties for construction… Read more
Oak Coast Properties Pays $143M for Denver-Area Courtyards at Buckley
Oak Coast Properties made its 12th buy in the Denver area, paying $143 million for the Courtyards at Buckley. JRK… Read more
Prologis Completes $4B Acquisition of Industrial Property Trust
Prologis, Inc. (NYSE: PLD) has completed its $4 billion acquisition of the wholly-owned real estate assets of Industrial Property Trust… Read more
ROM Acquires 1930s Hollywood Multifamily, Plans Renovations
Los Angeles-based ROM Investments has acquired the Guardian Arms Apartments located at 5217-5233 Hollywood Blvd. in Los Angeles for $26… Read more
Hanes Properties Acquires Victorville Multifamily for $14M
Los Angeles-based Hanes Properties, LLC, has acquired the 120-unit Golden Sands apartment complex located at 15930 Nisquali Rd. in Victorville,… Read more
Examining Supply’s Effect on U.S. Self Storage Industry
New supply is continuing to depress U.S. self storage street rates, which dropped in around 75% of the top U.S.… Read more
Chris Jackson Promoted to President, Stream Realty Partners
Commercial real estate veteran Chris Jackson has been promoted to the newly-created position of president, Stream Realty Partners. Jackson will… Read more
First Parts of Armor Multifamily Portfolio Sell for $28M in L.A.
Marcus & Millichap (MMI) has sold 167 apartment units in two transactions for $28 million. The units are from a… Read more
Inception Moves Forward on Second DTLA Medical Office Project
L.A.-based Inception Property Group has announced plans for a new seven-story, 151,146-square-foot outpatient medical office and senior living project at… Read more
Air Quality on 2020 Agenda for Los Angeles Ports
The Ports of Los Angeles in Long Beach and San Pedro together see approximately 40% of the nation’s imports pass… Read more
Gelt Sells Santa Clarita Multifamily for $63M
Los Angeles-based investment and asset manager Gelt, Inc. has sold the 232-unit Monterra Ridge Apartments to Culver City-based BAG Investments… Read more
Southern U.S. Will Lead 2020 Home Price Growth
Housing markets in the southern half of the U.S. will perform the best in 2020, according to economists and real… Read more
Democratic Presidential Contenders Are Light on Specifics for Housing
The Democratic debate field has whittled down to seven top potential ticket leaders that qualified for last week’s Politico/PBS-sponsored debate… Read more
Inland Empire Grows Jobs During 2019
According to recent reporting by the San Bernardino Sun, Southern California’s job market appears poised to the end the year… Read more
Lightstone Closes $175M Loan for Moxy East Village
Lightstone closed on $175 million in financing from Goldman Sachs Private Bank for Moxy East Village, a 286-key Marriott-brand hotel on East… Read more
DTLA’s Ace Hotel Trades Hands, Not Flag, for $117M
Park Hotels & Resorts (NYSE:PK) has reportedly sold Downtown Los Angeles’ 182-room Ace Hotel for $117 million, or $643,000 per… Read more
Calling L.A.’s Best Buildings
By Dennis Kaiser Better buildings will play a central role in the decarbonization of the economy. The Los Angeles Better… Read more