Los Angeles
Amazon, Forever 21 Bid for American Apparel
American Apparel filed for bankruptcy for a second time this past November. Now, Seattle-based Amazon, Los Angeles-based Forever 21, New… Read more
Mesa West Debt Fund Oversubscribed, Receives $900M in Equity Commitments
Los Angeles-based Mesa West Capital closed its largest closed-end real estate debt fund, reaching its hard cap of $900 million… Read more
Kilroy’s First Palo Alto Acquisition Includes Theranos HQ
Los Angeles-based Kilroy Realty Corp. acquired two office assets in Palo Alto’s Stanford Research Park from Stanford University for a… Read more
Feds Unearth $1.5B for Purple Line Extension
The federal government is providing nearly $1.5 billion in grants and loans to fund the second phase of Metro’s Purple… Read more
DFW Property Values Equal Poland’s GDP
Those who live in the Dallas-Fort Worth metro know that single-family housing prices are increasing. The numbers bear that out;… Read more
Pima Crossing Sells for $46M
Karlin Real Estate in Los Angeles struck a deal with Regency Centers Corp. to acquire the 238,275-square-foot Pima Crossing shopping… Read more
41-Story Westlake Luxury Residential Project Proposed
The Walter and Aeshea Jayasinghe Family Trust proposed The Lake on Wilshire, a 41-story, luxury high-rise apartment development in Los… Read more
Coretrust Acquires DTLA’s Citigroup Center for $336M
Los Angeles-based Coretrust Capital Partners, LLC acquired the iconic Citigroup Center, a 48-story office tower located in DTLA’s CBD for… Read more
Rexford Acquires Miramar Industrial Facility
Los Angeles-based Rexford Industrial Realty, Inc. acquired 9190 Activity Rd., a single-tenant industrial facility in Miramar, CA for approximately $15.55… Read more
CIM Group Acquires SF Asset for $123M
Los Angeles-based CIM Group acquired 55 Hawthorne, a 143,000-square-foot office building in San Francisco for $123 million. The asset was… Read more
Honey Finds ‘Sweet’ Space in DTLA
Honey Inc. signed a 23,305-square-foot creative office space lease at 990 West 8th Street in DTLA. The consumer software company… Read more
Olympia Towers Key Bridge Between DTLA Financial District
Chinese developer City Century revealed plans for Olympia, a trio of high-rise residential towers in DTLA near L.A. Live that… Read more
208-Unit Universal City Apartment Sells to Cali Buyer
Lowe Enterprises Investors (LEI), in joint venture with an investment client, acquired the 208-unit Sunrise Canyon apartments in the northeastern… Read more
Gelt’s Wasserman: Millennials Moving the Needle
By Dennis Kaiser Los Angeles-based Gelt Inc. continues to expand its team of Millennial multifamily investment and management pros. The… Read more
Caruso, The Agency and Wanda Group: Westside LA’s Luxury Residential Landscape
By Daniella Soloway This month, nearly 400 real estate professionals joined Connect Media at the Luxe Sunset for Connect Westside… Read more
Iconic Emerald Plaza Asset Acquired for $92M
Los Angeles-based Kearny Real Estate and JV partner PCCP, LLC acquired Emerald Plaza, an iconic 364,160-square-foot, 30-story class A office tower located… Read more
Kennedy Wilson, Takenaka JV Acquire Iconic Union Bank Tower, Historic Retail Branch for $135M
Beverly Hills, CA-based Kennedy Wilson acquired 400/430 California Street in San Francisco in a joint-venture with Japan’s Takenaka Corp. for… Read more