Los Angeles
Skanska Tapped to Manage Construction on SELA Cultural Center, Compton Park
The San Gabriel and Lower Los Angeles Rivers and Mountains Conservancy (RMC) selected Skanska Integrated Solutions to provide construction management… Read more
CapRock Acquires Industrial Outdoor Storage in Pico Rivera
CapRock Partners purchased Olive Tree Industrial, a 3.1-acre value-add industrial outdoor storage (IOS) property at 8226 Whittier Blvd. in Pico Rivera.… Read more
TruAmerica Multifamily Refis Five Properties for $300M
TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, added to an already successful year with the $300-million refinance of five… Read more
Jon Runstad, Prolific Seattle Developer and Philanthropist, Dies at 81
H. Jon Runstad, the Seattle visionary, civic leader, and philanthropist, passed away at his home on June 20 after a… Read more
$947M Loan Goes to West Coast’s Largest Apartment Complex
Newmark Group secured a $947-million loan for Los Angeles’ historic Park La Brea, the largest apartment community on the West… Read more
Brazil’s Consulate General Inks 10.5-Year Office Lease
The Federative Republic of Brazil has signed a 10.5-year lease for 16,477 square feet at Decron Partners’ 6222 Wilshire Blvd. in Los… Read more
Infill Industrial Site Trades to Prologis for Land Value
CBRE arranged the sale of a 1.43-acre infill industrial site in Lynwood to Prologis. The sale price was undisclosed. Mark… Read more
126-Unit Delano Complex Sells for $54M to MJW Investments
Los Angeles-based firm MJW Investments acquired Delano Apartments, an off-market 126-unit multi-family community near downtown Redmond, Washington. MJW acquired the… Read more
SVN Sells Former MK Restaurant for $2.65M
Wayne Caplan & Michael Elam of SVN Chicago Commercial helped secure the sale of the former MK Restaurant property located… Read more
Report: Investors Turning Away from Urban Core Bonds
At one time, central business districts and downtown areas were considered “a mother lode for American cities over the years,”… Read more
Dekel Capital Launches Credit Platform with Focus on Multifamily
Dekel Capital has launched a new credit platform offering multifamily owners and investors mezzanine and preferred equity capital between $2 million… Read more
Northmarq Arranges Construction Loan on UCLA Student Housing
Zalmi Klyne, SVP/managing director of Northmarq’s Los Angeles office, finalized construction financing of $14 million for 535 Glenrock Ave in Los Angeles, a… Read more
Colliers Adds High-Powered Office Agency Team from JLL
Colliers has added a prominent office agency team in Los Angeles comprised of Anneke Greco, Gil Canton, and Danny Redell.… Read more
Bell Partners Closes Eighth Value-Add Fund at $1.3B
Bell Partners Inc. has closed its Value-Add Fund VIII at a hard cap of $1.3 billion in equity commitments from a range… Read more
Proposed LA Ordinance Could Reduce Buildable Square Footage for Housing
The Los Angeles City Council’s Planning and Land Use Management Committee on Tuesday will consider an ordinance amending the Los… Read more
LA Metro Opens Regional Connector Bringing Four Transit Lines Together
The Los Angeles County Metropolitan Transportation Authority’s $1.8-billion Regional Connector transit project formally opened on Friday, adding three new stations… Read more
AEG Signs Naming Rights Deal with Peacock to Stream from L.A. LIVE
AEG and Peacock, NBCUniversal’s premium streaming service, signed a deal for Peacock to serve as the exclusive streaming partner from… Read more
Waterton’s David Schwartz Foresees “Slow Unwind” from Fed Tightening
Following what he called “a science experiment of quantitative easing for a decade and now quantitative tightening,” Waterton CEO David… Read more
Canadian Asian-Themed Grocery Chain to Open First U.S. Store
T&T Supermarkets, a Canadian grocery chain specializing in Asian products, will open its first U.S. store in the summer of… Read more