Los Angeles
Newcastle Partners Divests Newly Built Fontana Warehouse
Newcastle Partners, a full service commercial real estate development and investment company focused on the greater Los Angeles and San Francisco… Read more
Downtown Office-to-Multifamily Conversions are Not the Answer
By Greg Lyon While the largely popular hybrid/remote office paradigm might be great for employers interested in attracting and retaining… Read more
Sky Zone to Open New Location in Seattle Metro
Sky Zone will be opening a new location in the Seattle suburb of Mountlake Terrace in Q4 of 2024. Located at 24000 Van Ry… Read more
Transwestern Names New Head of Finance for West Region
Transwestern Real Estate Services has hired Mariya Ilyitsky as regional finance manager, based in Los Angeles. She is responsible for financial planning,… Read more
Partnership Brings 180 Micro-Units of Affordable to Pasadena
A partnership between Community Builders Group (CBG) and Bridge Financial Advisors is preparing to open Pasadena Studios, a new development… Read more
Iconic Equities Lands $16M Financing on Industrial Outdoor Storage Site
JLL Capital Markets arranged $16.2 million in senior financing for the development of a 5.6-acre industrial outdoor storage facility in Fontana. JLL worked… Read more
Assembling Bay Area Industrial Portfolio Adds Up to Sound Investment Thesis
By John Petersen The San Francisco Bay Area remains a key U.S. gateway industrial market on the West Coast. It… Read more
Growth in Rents Decelerates for Single-Family Rentals
Los Angeles-Long-Beach-Anaheim tops the rankings of the nation’s most expensive single-family rental markets, according to HouseCanary. The median monthly rent… Read more
Freeman Freeman & Smiley Combines with Saul Ewing
Saul Ewing LLP has expanded nationally, opening two offices in Southern California through a combination with 50-attorney law firm Freeman… Read more
Stepp Commercial Closes Long Beach Multifamily Deal
Stepp Commercial Group, a multifamily brokerage focused on the Los Angeles market, completed the $7.165-million sale of Park Villa Apartment Homes, an… Read more
BXP Reorganizes West Coast Operations Under One Management Structure
BXP is revamping West Coast operations upon the announced retirement of Bob Pester (pictured), who has led the San Francisco… Read more
CGI+ Delivers Its First Standalone Retail Development to Los Feliz
CGI+ Real Estate Investment Strategies has delivered its first standalone retail development, a 31,000-square-foot grocery in Los Angeles’ Los Feliz… Read more
Chicago Sees Year-Over-Year Surge in Construction Starts
The value of commercial and multifamily construction starts in Chicago grew 64% through the first half of 2023, the Chicago… Read more
Shaffer/Bohbot Team Joins Slatt Capital in LA
Veteran capital markets professionals Bryan Shaffer and Ruben Bohbot have joined Slatt Capital’s Los Angeles office. Shaffer will join as… Read more
Bandon Arranges Refis on MOB, Industrial Across from SoFi Stadium
Bandon Capital Advisors, a commercial mortgage banking and capital advisory firm based in Los Angeles, recently arranged two financing transactions… Read more
Weekly People and Company News for July 28
San Diego-based Douglas Wilson Companies (DWC), a national leader in specialized business, receivership and real estate services, has hired Stephen… Read more
Drive-In Site in El Monte Will Give Way to Residential
DAUM Commercial Real Estate Services directed the sale of a 13.5-acre parcel of commercial land in El Monte for $24 million. … Read more
Swig, Intercontinental Score Leasing Success at West LA’s 6300 Wilshire
In a positive sign in the office leasing market for recently renovated and upgraded office buildings, The Swig Company and… Read more