Los Angeles
El Segundo Creative Property Goes for $170M
A joint venture between OceanWest and Lionstone Partners purchased 777 Aviation in El Segundo, CA for $170 million or $535-per-square-foot.… Read more
“Future-Proofing” Your Multifamily Asset: Q&A with Bel Air Internet’s Terry Koosed
“Future-proofing” is a hot term in the apartment/multifamily sector, given the increase of technology-focused amenities. Terry Koosed, CEO and Founder… Read more
L.A. Council Approves Zoning Changes for 26-Story Tower on Amoeba Site in Hollywood
The Los Angeles City Council approved zoning changes that will allow GPI Companies’ proposed 26-story development to move forward in… Read more
NeueHouse Expands into DTLA’s Iconic Bradbury Building
Connect Bay Area is coming up July 18, 2019 at the Grand Hyatt San Francisco. Get more information, and register… Read more
Apple Takes Entire Kilroy Seattle Development
Los Angeles-based Kilroy Realty signed a deal with Apple to take all of the office space at 333 Dexter Ave.… Read more
Connect Apartments 2019: Institutional Investors Diving Deeper into Apartments
By Ben Johnson Once shunned by many institutional investors, today’s apartment market is now firmly entrenched as a coveted asset… Read more
JRK Acquires Puget Sound MF for $57M
Los Angeles-based JRK Property Holdings acquired Santa Fe Ridge Apartments in Silverdale, WA in an off-market deal valued at a… Read more
EPA Targets O-Zones for Cleanup
The Environmental Protection Agency (EPA) has targeted 149 communities to receive $64.6 million in funding for brownfields, assessment and cleanup… Read more
Melia Launches SoCal Multifamily Group
Irvine, CA-based Melia Homes launched an initiative focused on the acquisition of existing multifamily communities as well as land for… Read more
EQ Completes $32M Transformation of Playa District Project
EQ Office completed construction on a $32-million capital investment project at Playa District, its recently repositioned, agile commercial property in… Read more
State Unemployment Drops; Job Growth, Shrinking Workforce Main Causes
California’s unemployment rate dipped to 4.2% in May, while the state’s employers added 19,400 non-farm payroll jobs, according to data… Read more
Connect Apartments 2019: Healthy Outlook for the Multifamily Sector
By Ben Johnson Connect Apartments 2019 kicked off with a bang last week, as Michael Cohen, vice president advisory services… Read more
Kevin Rude Tapped to Lead Colliers West Coast Group
Colliers International’s Kevin Rude will assume expanded responsibilites after being promoted to the post of Regional Managing Director – West… Read more
Ghost Management Group Inks 115K-SF DTLA Arts District Deal
Irvine, CA-based Ghost Management Group signed a 115,000-square-foot office lease at the Arts District’s ROW DTLA. The tech firm that… Read more
Parkview Provides Construction Loan for New L.A. MXU
Parkview Financial provided a $16.5 million construction loan to Los Angeles-based 5050 Pico, LLC for the development of Kentish Town.… Read more
Faris Lee Completes $39M Senior Housing Deal in Hayward
Florida-based Kayne Anderson Real Estate acquired Casa Sandoval, a 187,926-square-foot senior housing community in Hayward, CA, for $39 million. Constructed… Read more
Lennar Buys Arcadia Retail Site, Envisions Resi Conversion
Lennar Homes acquired an aging retail shopping center in Arcadia from Seal Beach, CA-based The Olson Company with plans to… Read more
Golub, CIM Top Out on Luxury Condos
The developers of Fifteen Fifty on the Park have topped off construction on the luxury condominium development at the corner of North… Read more
Gut Renovated Central Harlem Apts. Come to Market
GFI Realty Services has been hired to market 2918 Frederick Douglass Blvd., a four-story Central Harlem multifamily building with 12 free-market… Read more