Los Angeles
Gantry Arranges $56M Acquisition Loan for Monrovia Retail
(Updated with additional information) Gantry arranged a $55.9-million purchase money permanent loan to acquire the Huntington Oaks retail center located… Read more
Retail Experts Delve into the New World of Shopper Expectations
Four years after the COVID-19 pandemic put much of the brick-and-mortar retail sector out of reach for consumers on lockdown,… Read more
VTS: NYC Continues to Lead Most Markets in New Office Demand
New York City’s VTS Office Demand Index (VODI) has increased almost 100% from 44 in August 2022 to 86 in March… Read more
USC Casden Forecast Calls for SoCal Rent Increases to Continue
This year’s University of Southern California Casden Real Estate Economics Forecast predicts rent increases for the next two years throughout… Read more
Beatport Takes Over Creative Offices in DTLA’s Arts District
Kennedy Wilson Brokerage arranged a 5,600-square-foot lease at 909 S. Santa Fe Ave. in the Arts District neighborhood of Downtown… Read more
California Proposition 33 Rent-Control Measure Defeated at the Polls
Proposition 33, a statewide ballot measure that would have allowed stronger rent control laws in California, was rejected by voters… Read more
Standard Communities Acquires $1B Affordable Portfolio
Standard Communities has acquired a 100% affordable housing portfolio valued at $1 billion-plus and containing more than 6,000 apartments across… Read more
Blackstone to Take ROIC Private in $4B All-Cash Deal
Blackstone, through its Blackstone Real Estate Partners X fund, has agreed to buy Retail Opportunity Investments Corp. (ROIC) for approximately $4 billion,… Read more
Construction Wraps on Second Phase of Burbank’s First Street Village
Downtown Burbank has added to its housing and retail with the completion of the second phase of First Street Village, a three-phase… Read more
BWE Arranges $75M Financing for Multifamily in Bay Area, LA County
BWE, a national commercial and multifamily mortgage banking company, secured $75,400,000 in financing for seven multifamily properties, totaling 582 units,… Read more
Nuveen Green Capital Closes $220M C-PACE for San Jose Tower
Nuveen Green Capital closed on $220 million in C-PACE capital for 200 Park Ave., a recently completed office property in San… Read more
United Way of Greater LA Relocates to Manulife’s 515 S. Figueroa
Avison Young represented Manulife’s John Hancock Real Estate in a full-floor, 22,115-square-foot office lease at 515 S. Figueroa St. in… Read more
Laguna Beach Apartments Change Hands After 40-Year Hold
CBRE arranged the sale of Sterling Plaza Apartments, a 12-unit multifamily community at 2607 Solana Way in Laguna Beach, to a private… Read more
AI Company Notion Leases 100K SF in Downtown San Francisco
AI-powered productivity app Notion leased approximately 105,000 square feet at Brookfield Properties’ 685 Market St. in downtown San Francisco, reported… Read more
Life Time, RED Joining Forces on 300-Unit PV Project
Construction is underway on the Life Time Living Tower, a 300-unit apartment project at PV, the former site of the… Read more
Poway Development Site Sells to Lennar
Colliers facilitated the $24.5-million sale of Harmon Ranch on Oak Knoll, a land development site in Poway. SVP Ciara Trujillo,… Read more
Jamison, Arc Capital Team on Koreatown Office-to-Residential Conversion
Jamison is partnering with Arc Capital Partners on the adaptive reuse of 3325 Wilshire Blvd., a 1950s-era office building in… Read more