Los Angeles
Malibu Manufactured Home Community Sets Pricing Record
Marcus & Millichap closed the sale of Point Dume Club of Malibu, a 297-site manufactured housing asset located on 95.4 oceanfront… Read more
Federal Reserve Slashes Rates by 50 Basis Points
The Federal Reserve’s Federal Open Market Committee on Wednesday slashed the federal funds rate by a half percentage-point to a… Read more
Connect Orange County Panelists See Improved Financing Outlook Heading into 2025
From the standpoint of lending volume, 2023 represented a pair of bookends: a strong first and fourth quarter with a… Read more
Optimus Acquires Hollywood Retail Center in Court-Ordered Sale
Optimus Properties, LLC purchased 5214-5232 W. Sunset Blvd., a 19,904 square-foot retail strip center in Hollywood, situated on a 42,076-square-foot… Read more
Receiver Plans to Bring Marlborough’s Solomon Pond Mall to Market
Receiver E3 Advisors is working to engage a broker to market and sell Solomon Pond Mall in Marlborough, MA, reported… Read more
Placer.ai White Paper Fills in LA’s Office Scorecard
Return-to-office (RTO) trends have been closely watched over the past few years, with relevant stakeholders trying to puzzle out the… Read more
Connect Orange County Panelists Navigate the Challenges, Spot the Opportunities
“There are a lot of things affecting us,” said moderator Kurt Strasmann during the Industry Leaders panel at the recent… Read more
Gantry Secures $34M of New Loans Across Four Seattle Region Assets
Gantry has secured a total of $34.3 million of loans to refinance four Seattle MSA assets owned by different and… Read more
CIM Group Lists Boston Offices It Planned to Convert to Residential
Los Angeles-based CIM Group has listed 95 Berkeley St. in Boston, a mostly vacant six-story office building on the Back… Read more
SoCalGas Relocates Headquarters from DTLA’s Gas Company Tower
Southern California Gas Company has signed a long-term lease for approximately 198,553 square feet at CIM Group’s City National 2CA in… Read more
Riverside Apartments Near Employment Hubs Change Hands
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of LuxLiv Apartments, a 62-unit apartment property in Riverside.… Read more
Alavern Trades Vernon Industrial Site to Confidential Buyer
CBRE finalized the sale of a 7.05-acre industrial redevelopment site at 1925 and 1936 E. Vernon Ave. in Vernon. The property, which currently… Read more
Flight to Quality Brings Tenants to New Culver City Offices
Lincoln Property Company has secured three leasing agreements totaling 140,000 square feet at Entrada, a new Class A office development… Read more
MMCC Arranges Refi on Glendale Multifamily
Marcus & Millichap Capital Corporation (MMCC) arranged $5.2 million for the refinancing of Palmer Villas, a multifamily property located at… Read more
JV Acquires “Back to the Future” Mall as Redevelopment Opportunity
A joint venture between RCB Equities and Real Estate Development Associates, LLC (REDA) has acquired the Puente Hills Mall in City of… Read more
TruAmerica Multifamily Secures New Equity in Vegas, Atlanta Properties
TruAmerica Multifamily, a national, institutionally focused multifamily investment firm based in Los Angeles, said Thursday it completed $146.7 million in asset… Read more
California People and Company News, Week of Sept. 6, 2024
We’re adding executive-level openings to our Friday California Weekly People & Company News. Please send entries for consideration to [email protected]. Read more