Los Angeles
LA City Council Narrows Rent Caps on Stabilized Apartments
Los Angeles strengthened its rent stabilization law for the first time since 1985 Wednesday, setting a maximum 4% ceiling on… Read more
Mata Construction to Lead Next Phase of Terminal 2 Refresh at LAX
Mata Construction Services, Inc., a Los Angeles–based general contractor, has been selected by Los Angeles World Airports (LAWA) to spearhead… Read more
Madison International, Big 4 Partner on Hollywood Multifamily Acquisition
Madison International Realty and Big 4 Properties have acquired El Centro Apartments and Bungalows, a Class A mixed-use multifamily and retail community… Read more
Walker & Dunlop Closes $625M of Freddie Mac Loans for IMT Capital
Walker & Dunlop, Inc. arranged $625,299,000 in fixed-rate loans from Freddie Mac on behalf of IMT Capital to refinance eight multifamily… Read more
Flying Horse Investments Will Reposition Downtown Berkeley Retail
Flying Horse Investments LLC (FHI), a Los Angeles-based real estate investment firm, has acquired Shattuck Plaza, a 29,187-square-foot street-front retail property at… Read more
Safehold Closes on Ground Leases for Six Affordable LA Projects
Ground lease REIT Safehold Inc. has closed on ground leases for the development of six affordable housing communities in Los Angeles. The Low-Income Housing Tax… Read more
Sagard Acquires Bay Area Industrial from LA Nonprofit
Denver-based Sagard Real Estate said it had acquired a 260,989-square-foot warehouse in San Leandro. CBRE, which did not identify the… Read more
Rexford Parts Ways with CIO Patrick Schlehuber
Patrick Schlehuber and longtime employer Rexford Industrial Realty Inc. have parted ways, Connect CRE has learned. As of this writing, Schlehuber has not been succeeded as the… Read more
Twin Peaks Christian Campus Lists for $12M
The Hoffman Company has listed the Twin Peaks Christian Campus, a fully improved 24-acre institutional property in the San Bernardino Mountains, at $12… Read more
Eastern Union Closes Financing for San Fernando Industrial
Eastern Union has secured $10 million to refinance an owner-occupied, 102,862-square-foot industrial condominium in San Fernando, 23 miles northwest of… Read more
Gantry Secures $15M for Seattle Region Self-Storage Acquisition
Gantry has secured a $15 million permanent loan to finance the acquisition of a self-storage facility located at 35501 SE… Read more
CIM, Bryant Group Partner on Impact Venture for Affordable Housing
CIM Group and Bryant Group Ventures (BGV), founded by influential leader and entrepreneur John Hope Bryant, have launched CIM-BGV Impact… Read more
Owner/User Pays $10M for Woodland Hills Offices
Lee & Associates – LA North/Ventura, Inc. has represented S&G PROPERTIES MANAGEMENT LLC in the acquisition of a three-story 62,241-square-foot… Read more
Chatsworth Multifamily Deal Highlights Appeal of Core LA Submarkets
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of 9733 Topanga Canyon, a 119-unit multifamily property… Read more
Fosun Refis Lower Manhattan’s 28 Liberty St. for $900M
Fosun International has secured a $900-million refinancing for 28 Liberty St., its 60-story, 2.1 million-square-foot office tower in Manhattan’s Financial District. The refi… Read more