Los Angeles
IPA Brokers $21M Sale of Sherman Oaks Apartment Complex
Institutional Property Advisors (IPA), a division of Marcus & Millichap, has completed the $21 million sale of the Addison Arms… Read more
DTLA Hospitality Continues Its Pandemic Rebound
The Downtown Center Business Improvement District (DCBID) has just released its second quarter Downtown Los Angeles (DTLA) Market Report, and… Read more
CRE Developer Rick Caruso’s LA Mayoral Bid Heats Up
Rick Caruso, one of the most successful real estate developers in Los Angeles, finds himself in a two-person runoff for… Read more
Report: California Job Recovery Nears Pre-Pandemic Level
A new joint study from Beacon Economics and the UCR School of Business Center for Economic Forecasting and Development indicates… Read more
Avanath Acquires Baldwin Village Apartments for $220M
At 669 units, representing the largest single asset transaction in Los Angeles County this year, Northmarq has completed the $220… Read more
Allen Matkins Appoints Partners to New Leadership Roles
Real estate and business law firm Allen Matkins has named new leadership roles in several of the departments and practice… Read more
X Team Expands SoCal Footprint, Adds Axiom Retail Advisors
Southern California brokerage group Axiom Retail Advisors has joined Phoenix-based X Team Retail Advisors as an affiliate of X Team’s… Read more
Newmark Arranges $18M Sale of LA Net-Leased Medical Office
LaSalle Investment Management has purchased a single-tenant, net-leased medical office building in the Eagle Rock neighborhood of Los Angeles for… Read more
Banc of California’s Michael Nguyen Discusses Economic Turmoil
The sudden upheaval in the U.S. economy has presented a formidable challenge for the commercial real estate industry, thanks primarily… Read more
Beacon Report: California Export Trade Falters in June
California’s share of the U.S. total merchandise export trade slipped to its lowest level in decades according to a Beacon… Read more
Report: California CRE Industry Optimistic Despite Uncertainty
The Summer 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey reveals there is much more optimism about the… Read more
Champion Grabs Two Former USC Fraternities for $17M
Champion Real Estate Company has invested in University of Southern California student housing projects, acquiring a pair of former fraternity… Read more
Former LA Civil Unrest Site Is Reimagined
The corner of Vermont and Manchester Avenues in South Los Angeles, the site of civil unrest 30 years ago, is… Read more
The CRE Industry Mourns the Passing of Stephen Bay
Commercial Real Estate professionals throughout Southern California are remembering CBRE’s Stephen Bay who recently passed away. His remarkable career, representing… Read more
Historic LA Creative Campus Sells for $11M
Redcar Properties, LLC, a Los Angeles-based development group, has purchased The Canvas @ Sunset Junction, a 35,000-square-foot creative commercial campus… Read more
Rexford Acquires Commerce Industrial Portfolio for $91.5M
Rexford Industrial Realty has acquired a pair of industrial properties in Commerce, CA for $91.5 million in a transaction arranged… Read more
Newmark Arranges Broadshore Lease Renewal at Landmark I
Real estate investment firm Broadshore Capital Partners has renewed their 11,000-square-foot lease at Landmark I, a 24-story Class-A building in… Read more
Inaugural REĀL Event Kicks-Off in Downtown LA
REĀL, a commercial real estate organization focused on advancement and integration of Latinx professionals in the industry, recently held its… Read more
Manhattan West Unveils MultiFam Development Plan for Echo Park
Manhattan West Real Estate has announced multifamily development plans after purchasing two parcels of land on N. Alvarado Street in… Read more