Los Angeles
REO Sale of DTLA Mixed-Use Draws Deep Pool of Bidders
Colliers arranged the $13,450,000 REO sale of a 43,700-square-foot mixed-use retail/office property, 1001 Towne Ave., located in the Fashion District… Read more
One Beverly Hills Secures $2B Construction Loan
Cain International has secured $2 billion in construction financing to support the development of One Beverly Hills, a nearly 18-acre… Read more
The Old CRE Terms: They Ain’t What They Used to Be
The terms “gateway markets” and “core property types” are timeless commercial real estate categories. Gateway markets define major metropolises (think… Read more
LA Secures Nearly $900M of Infrastructure Funding Ahead of 2028 Olympics
The Los Angeles region has secured nearly $900 million in funding to strengthen critical infrastructure, expand the Metro Rail system… Read more
CIM Trades DTLA Tower to FPA Multifamily
CIM Group and FPA Multifamily confirmed published reports that they were the seller and buyer, respectively, in the sale of… Read more
Greystone Arranges Financing for Bellflower Apartment Additions
Greystone has provided $19,050,000 in bridge-to-agency financing for a 118-unit multifamily property in Bellflower. Intended to facilitate the refinancing and… Read more
TruAmerica Multifamily Names New IR Director
Los Angeles-based TruAmerica Multifamily said Monday that Alexis Sofyanos joined the firm as director, investor relations. Based in Chicago, Sofyanos… Read more
Plan for New Bay Area City Aims for November Ballot
Amid opposition from some lawmakers and environmental groups, the prospective developers of a new city in Solano County on land… Read more
Gantry Arranges $28M Refi on Fully Leased Torrance MOB
Gantry secured a $28-million permanent loan to refinance the Torrance Memorial Lundquist-Lurie Cardiovascular Center located at 2841 Lomita Blvd. in Torrance. The three-story,… Read more
Mad Lab Coffee Signs on with Sentral for DTLA Space
Sentral DTLA 755, a resort-style residential community located in Downtown Los Angeles, has signed a lease with Mad Lab Coffee… Read more
New Projects Could More Than Double LA Sound Stage Inventory
Los Angeles County already has the largest inventory of indoor filmable sound stages in the U.S. at 389 stages totaling 5.4… Read more
Explaining the “Condominium Comeback”
There’s no doubt that the COVID-19 pandemic was a catastrophe, generating a high incidence of heartbreaking illnesses and death. The… Read more
Newsom Fast-Tracks $2B DTLA Mixed-Use Project
California Gov. Gavin Newsom said Thursday that he took action to accelerate Continuum Partners’ Fourth and Central, a $2-billion mixed-use… Read more
Return to Lender: Week of March 7, 2024
Waterfront at Port Chester ($133.5 million | MSBAM 2015-C22 & MSC 2015-MS1): The Port Chester, NY retail property was specially… Read more
ColRich Acquires 19th Denver-Area Property
ColRich Multifamily has acquired Belmar Villas, a 318-unit multifamily community just south of Belmar Shopping District in Lakewood. ColRich paid… Read more
Arctaris Makes Lead Equity Investment in LA Opportunity Zone
Arctaris Impact Investors, LLC, a Boston-based impact investment firm that supports revitalization projects in underserved communities, made a lead equity… Read more
CAA Opposes Bill to Create Tenants’ Rights Office
The California Apartment Association (CAA) said Tuesday it opposes legislation introduced last month seeking to establish an Office of Tenants’… Read more