Los Angeles
Atlanta Ranks Among Nation’s Leaders in Office-to-Apartment Conversions
According to a recent RentCafe/Yardi Matrix report, the Atlanta metropolitan area will see 2,239 spaces come to life through office-to-apartment conversion projects,… Read more
Tucson Raytheon Flex Building Trades for $13.7M
The 72,000-square-foot office flex building at 3360 E Hemisphere Loop in Tucson at Tucson International Business Center sold for $13.7… Read more
Westport Properties Acquires 2,300 Self-Storage Units in LA, San Diego Metros
Cushman & Wakefield’s Self Storage Advisory Group has completed the sale of a core self-storage portfolio comprising two StorQuest Self… Read more
Hilco Markets 121 Net-Leased JCPenney Properties in 35 States
Hilco JCP, LLC, an affiliate of Hilco Real Estate, LLC and manager of Copper Property CTL Pass Through Trust, said… Read more
Colliers’ Wallace Team Arranges Sale of Mar Vista Apartments
Colliers arranged the $9-million sale of Mar Vista Lofts, a well-maintained 21-unit multifamily building constructed in 2012 and located in… Read more
UCLA Anderson Projects Losses Up to $164B from LA Wildfires
Total property and capital losses from January’s catastrophic wildfires across Los Angeles County could range between $95 billion and $164… Read more
U.S. Affordable Housing Completions Likely to Peak in 2025
U.S. affordable housing completions are likely to peak at a multi-year high of 78,377 units in 2025, 12.6% higher than… Read more
Rick Caruso, Community Leaders Launch Steadfast LA to Expedite Rebuilding
In response to last month’s devastating wildfires, Rick Caruso is bringing together some of Los Angeles’ most impactful business and… Read more
Developer Sells Chipotle and Starbucks Drive-Thru in Rancho Cucamonga
Hanley Investment Group Real Estate Advisors arranged the sale of two standalone buildings occupied by a Chipotle Mexican Grill and an adjacent… Read more
Assembly Bill Proposes One-Year Rent Freeze Across LA County
Legislation introduced this month at the state Capitol would freeze rent increases across Los Angeles County for a year following… Read more
Vacant West LA R&D/Flex Property Has New Owner
Colliers arranged the sale of a 57,868-square-foot R&D/flex building in Culver City. Senior EVP Steve Solomon and VP Kristen Bowman… Read more
LA Rises Initiative Aims to Spearhead Private-Sector Support of Wildfire Recovery
LA Rises, a recovery initiative to raise private-sector funding to help rebuild after this month’s firestorms, has been launched. Gov.… Read more
Bridge Logistics Acquires Commerce Site for Lease and Development
Bridge Logistics Properties (BLP), a subsidiary of Bridge Investment Group Holdings Inc., acquired a 5.6-acre site at 4542 Dunham in Commerce.… Read more
TruAmerica Multifamily Adds Structured Finance Vertical
Los Angeles-based TruAmerica Multifamily, a leader in multifamily investment, announced the launch of its new structured finance vertical, a strategic initiative… Read more
Blackstone to Acquire $1B Natural Gas Power Plant In VA
Blackstone has agreed to acquire the 774-MW Potomac Energy Center, a natural gas power plant located in Virginia’s “Data Center… Read more
Hudson Pacific Divests Former WeWork Space in LA Arts District
Hudson Pacific Properties has closed on the sale of a non-core office property, Maxwell, located in the Los Angeles Arts… Read more
IPA Facilitates $166M in Financing for Northern Virginia MF
IPA Capital Markets, a division of Marcus & Millichap, has arranged $165.9 million in financing on behalf of the DSF… Read more
Newsom Signs $2.5B Aid Bill for Firestorm Recovery and Rebuilding
California Gov. Gavin Newsom has signed legislation providing more than $2.5 billion in disaster relief. The funding will immediately help… Read more