Los Angeles
Hines Snags Cerritos Self-Storage for $91M
CBRE arranged the sale of Extra Space Storage in Cerritos to Hines for $91 million. Nick Walker and Trevor Roberts of CBRE’s Self Storage… Read more
Stream Realty Fully Entitles Menifee Industrial Build
Stream Realty Partners announced that 215 E Commerce Center is now fully entitled and available for lease. The industrial facility will span… Read more
Long Beach Apartments Sell to Expansion-Minded Local Investor
CBRE closed the sale of a nine-unit multifamily property at 6744 Orizaba Ave. in Long Beach to a private investor… Read more
JLL Arranges $578M CMBS Financing for LBA Logistics
JLL’s Capital Markets group arranged a $577.625-million CMBS single-borrower (SASB) financing for LBA Logistics Value Fund VII Industrial Portfolio. The portfolio comprises 25… Read more
Newmark Closes Sale of “Westside Trio” Multifamily Portfolio
Newmark closed the $16.15-million sale of a multifamily portfolio, known as Westside Trio. Located in highly sought-after neighborhoods of West… Read more
TailoredSpace Opens Ninth Coworking Location in Laguna Niguel
TailoredSpace has opened its ninth coworking site in Laguna Niguel. The new TailoredSpace site at 23807 Aliso Creek Rd. is… Read more
Berkadia Arranges Acquisition Financing for Silver Lake Multifamily
Berkadia arranged financing for Silva, a 221-unit, midrise multifamily property located in Los Angeles’ Silver Lake neighborhood. Allan Freedman, Ben Harris,… Read more
Building Construction Active for Close to Half a Century, But What’s Being Built Differs
A report from StorageCafe, “Top Cities for Real Estate Development: Sunbelt Cities Dominate Growth Olympics for Nearly Half a Century,”… Read more
Bloomberg: CRE Sales Market Coming Back to Life
With pricing down 19% from its 2022 peak, the U.S. commercial real estate sales market is starting to come back… Read more
Return to Lender: Week of Sept. 26, 2024
Join industry leaders at Connect Distressed Investment & Finance 2024 on October 22 in Los Angeles at the Luxe on Sunset. This event… Read more
West Harbor Completes First Phase Along San Pedro Waterfront
West Harbor in San Pedro, a joint development of Jerico Development and The Ratkovich Company, has completed its first phase,… Read more
Austin Retail Center Picked Up by Westwood Financial
Westwood Financial purchased Trails at 620 from Partners Capital. Partners originally purchased the Austin site in 2020 as part of… Read more
Northmarq Completes $14M Sale of PNW Housing Portfolio
Northmarq’s Los Angeles Manufactured Housing Investment Sales team of Jeff Benson, managing director, and Sam Neumark, senior vice president, brokered… Read more
TruAmerica Completes Fifth Boston Multifamily Acquisition
TruAmerica Multifamily, a national, institutionally focused multifamily investment firm, acquired the Villas at Old Concord, a 324-unit apartment community in the… Read more
High Street Residential Launches Pre-Leasing on San Pedro Waterfront
High Street Residential, the residential subsidiary of Trammell Crow Company, has begun pre-leasing at Vivo on Harbor, its development in the San Pedro Waterfront Arts District, with… Read more
Nation’s First Mixed-Use with Costco as Anchor Breaks Ground in South LA
City and community leaders gathered in South Los Angeles’ Baldwin Village community to mark the beginning of construction on 5035… Read more
CIM Group’s CMCT Completes Partial Apartment Conversion of LA Offices
CMCT, a REIT operated by affiliates of CIM Group, completed the conversion of the top two floors of a three-story,… Read more