Los Angeles
1031 Exchange Buyer Bags Fontana Jack in the Box
A brand-new, single-tenant Jack in the Box in Fontana, CA has traded hands for $2.4 million. The seller and developer… Read more
DTLA’s Historic Herald Examiner Building Snags $56M for Redevelopment
New York-based The Georgetown Company secured $56.4 million in bridge financing for the redevelopment and renovation of the Herald Examiner… Read more
Standalone Jewel-Osco Trades in 1031 Exchange
The Boulder Group recently completed the sale of a single-tenant net leased Jewel-Osco property at 1660 Larking Ave., Elgin, IL… Read more
Shifting Investment Strategies Sweep Across SoCal
Tim Lee, Principal at Olive Hill Group, provides an industry outlook on the biggest trends shaping the SoCal market. Check out… Read more
Lightstone Launches CRE Debt Platform
National real estate investor and developer Lightstone has launched a real estate debt platform, Lightstone Capital. It has hired Eugene Rozovsky, previously with Madison Realty… Read more
CBRE Heads Freddie Mac’s Top 2018 Multifamily Lenders
Freddie Mac Multifamily leads the industry with $78 billion in total production last year, financing roughly 860,000 rental units, and… Read more
Institutional Investors Still Favor L.A. Multifamily
By Dennis Kaiser JLL recently expanded its multifamily team in SoCal with the addition of Chris Benton as SVP. Connect Media asked the veteran… Read more
CIM Claims Dexter Horton Building in Seattle for $151M
Los Angeles-based CIM Group acquired the Dexter Horton Building, a 15-story, roughly 335,000-square-foot Art Deco office building in Downtown Seattle… Read more
TruAmerica Divests Ontario MF for $42M
Mountain Summit Condominiums, a 194-unit garden-style multifamily property in Ontario, CA, traded hands for $42.25 million. The buyer was SoCal-based… Read more
DTLA’s Iconic U.S. Bank Tower Could Command $700M
Singapore-based OUE Limited is reportedly looking to sell the iconic U.S. Bank Tower in DTLA, which spans 72 stories and… Read more
Larry Cambra Takes CushWake Brokerage Leadership Role
Cushman & Wakefield hired Larry Cambra as its new Director of Brokerage in San Diego. He brings more than a… Read more
John Balestra Promoted at Trammell Crow Co.
Trammell Crow Company (TCC) promoted John Balestra to Principal with the firm’s SoCal-Los Angeles Business Unit. The 30-year CRE veteran… Read more
JPI Secures Construction Financing $190M Santa Clarita MF
Irving, TX-based JPI unveiled plans to develop Jefferson Vista Canyon, a 480-home luxury apartment community in Santa Clarita, CA. The… Read more
Avison Young Leads Koreatown Condominium Development Refi
Avison Young closed a $29-million loan to refinance the construction and sell-out of Golden Galaxy Plaza Condominiums, a partially-completed 80-unit… Read more
CBRE Global Investors Acquires Charlotte’s SkyHouse Uptown for $190M
Los Angeles-based CBRE Global Investors acquired SkyHouse Uptown, two 24-story apartment towers in Charlotte’s popular Fourth Ward, from Novare Group… Read more
Jim McArthur to Lead Red Capital Group Expansion into L.A.
Red Mortgage Capital, a division of Orix Real Estate Capital, LLC, continues to expand its national presence, opening a new… Read more
Bringing Turnkey Rentals to Boston
Add Boston to the roster of markets for Blueground’s furnished-apartment platform. The Athens-based hospitality tech company is entering the market… Read more
Get Ready for the Future at Connect Retail West
By Dennis Kaiser Connect Retail West is set for Tuesday, January 22, 2019 at The Resort at Pelican Hill in… Read more
$38M Construction Takeout Arranged for DTLA Hotel
Highland Realty Capital secured a $38 million construction takeout loan for the Mayfair Hotel in DTLA. Los Angeles-based ICO Group… Read more