Los Angeles
Transwestern Hires Mark Butcher as SoCal Asset Services Manager
Transwestern Real Estate Services has hired Mark Butcher as managing SVP of asset services for the Southern California region, based… Read more
Ontario Apartments Sell to Los Angeles-Based Investor for $50M
The Mogharebi Group (TMG) has arranged the $50.5-million sale of The Landing Apartments, a 156-unit multifamily community in Ontario. TMG’s… Read more
Turnbridge Acquires Industrial Outdoor Storage Site in Rancho Dominguez
Turnbridge Equities, a vertically integrated real estate investment and development firm, acquired a 3.6-acre site located at 19500 Rancho Way in Rancho Dominguez… Read more
Syracuse U. Leases NoHo Arts District Space
CBRE arranged a 21,377-square-foot, full-floor lease for Syracuse University (SU) at 5250 Lankershim Blvd. in North Hollywood. Marty Barkan represented SU… Read more
Eviction Moratoria Still on the Books in Major California Cities
A handful of California cities still enforce laws protecting tenants from eviction or rent increases, extending pandemic-era policies that most… Read more
The Flight of the Office Worker, Transfer Tax, Regulations: Fodder for Connect LA Panels
The panels appearing at Connect Los Angeles 2023 conference at the Hotel Indigo in downtown Los Angeles Wednesday, were a… Read more
Stepp Commercial Closes Long Beach Apartment Sale
Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, completed the $5-million sale of a two-building, 16-unit… Read more
Accolades & Cautionary Optimism Predominate at Connect Los Angeles 2023
It’s safe to say that COVID appears to be in the rearview mirror as Connect Media held its flagship conference,… Read more
Industrial Outdoor Storage Assets Are in Scarce Supply
By Lukas Huberman Industrial Outdoor Storage (IOS), once just a niche within the broader industrial commercial real estate segment, has… Read more
RentSpree Launches First Rental Industry Leadership Board
Los Angeles-based RentSpree, an end-to-end rental management software provider, has formed the first ever “Rental Industry Leadership Board” composed of… Read more
Partners Capital Snaps Up South Bay Industrial Park
Newmark arranged the sale of Carson Business Park, a 38,152-square-foot, five-building industrial park situated on 1.9 acres in Carson, for… Read more
MMCC Arranges Financing on Four LA-Area Apartment Properties
Marcus & Millichap Capital Corporation (MMCC) arranged a $16.4-million financing loan for four multifamily properties in the greater Los Angeles area. SVP Ronald Balys… Read more
Northmarq Arranges Refi on Porter Ranch Mixed-Use
Northmarq recently closed on external refinancing for a large retail property in Porter Ranch.The $35-million loan was arranged by SVP… Read more
Energy Firm Signs Ground Lease, Acquires Adjacent Site
Commerce Energy Storage, LLC has signed a long-term ground lease for a 50,073-square-foot building located on 4.78 acres at 6920… Read more
TCC, Clarion Complete Lease-Up of LA North Industrial Ahead of Delivery
A joint venture between Trammell Crow Company (TCC) and Clarion Partners has completed lease-up at the 1.7-million-square-foot Center at Needham… Read more
Six-Property Apartment Portfolio Trades for $54M to Three Separate Buyers
JLL Capital Markets closed on a six-property Los Angeles County multifamily portfolio in three separate transactions totaling $53.55 million. The apartment… Read more
Brookfield CEO Steers Clear of San Francisco Office Development
Bruce Flatt, the CEO of Brookfield Asset Management, says the company would not develop a new office building in San… Read more
Planning Commission Moves to Make Outdoor Dining Permanent
The Los Angeles City Planning Commission (CPC) on Thursday approved the proposed permanent Al Fresco outdoor dining program for private… Read more
Kairos Secures $175M Credit Facility Backed by Fannie Mae
Kairos Investment Management Company, a firm that focuses on value-based real estate investments, has secured a $175-million credit facility backed… Read more