Los Angeles
Red Car Equity’s $418M Fund II to Focus on Austin
Redcar Fund Management has closed on Redcar Fund II (“Fund II”) with $418 million in equity commitments. Through its debut… Read more
GI Partners Pays $211M for AT&T Broadcast Complex in LA
GI Partners, on behalf of its Essential Tech + Science (ETS) Fund, has purchased 12800 Culver Boulevard, a 185,000-square-foot facility… Read more
Skanska Promotes Two Industry Veterans in Riverside
Development and construction company Skanska has announced the promotions of Bill Hadley and John Matich to Vice Presidents of Operations… Read more
Measure ULA and LA CRE: Q&A with Colliers’ Sean Fulp
On April 1, 2023, the “Homelessness and Housing Solutions Tax,” also known as Measure ULA, came into effect, impacting the… Read more
California Apartment Vacancy at Highest Level Since 2021
The pandemic-driven housing surge in California is winding down as the Golden State is seeing cheaper rents and the most… Read more
George Smith Partners Secures Financing for Acquisition of Magnificent Mile Retail
George Smith Partners secured the permanent financing for the acquisition of a 5,666 square-foot luxury, high-street retail parcel located at… Read more
Lee & Associates Closes Deal on Thousand Oaks Development Site
MBK Rental Living and MG Hospitality have acquired a pair of adjacent parcels in a tricky transaction arranged by the… Read more
Northmarq Arranges $42M Sale of LA Affordable Housing Portfolio
AEW Capital Management has purchased a three-property, 220-unit affordable housing portfolio in Los Angeles County. Northmarq’s Vince Norris, Mike Smith,… Read more
Santa Ana’s APEX Apartments Secures $18M Refinance
Marcus & Millichap Capital Corporation (MMCC) has arranged $18 million for the refinancing of APEX Apartment Complex, a 72-unit multifamily… Read more
Cox, Castle & Nicholson Adds Two Partners to SF Office
Real estate law specialist Cox, Castle & Nicholson has welcomed two new Partners in the firm’s San Francisco office. Arielle… Read more
Stuf Storage Expands to Boston With New Downtown Location
Stuf, a self-storage startup, has announced its expansion to Boston. The company collaborates with property owners to convert underutilized spaces… Read more
Law Firm Signs 4.5K-SF Lease at ROW DTLA
Despite office leasing struggles in urban cores, ROW DTLA has seen decent success in the past 16 months, with JLL… Read more
Report: Silicon Valley Apartment Rental Market is Heating-Up
High home prices and a lack of new apartments, combined with remote workers slowly returning to tech-driven California cities like… Read more
Brookfield Takes $111M Write Down on DTLA Tower
The Measure ULA “mansion tax” is being blamed for a massive Brookfield write down of the South Tower of the… Read more
Alon Abady Pays $35M for Vacant Century City Office Building
Newmark has arranged the sale of 9911 West Pico Blvd., a vacant 15-story, 259,000-square-foot office building in Century City, CA.… Read more
Stockdale Opens Fund, Purchases LA Medical Center
Stockdale Capital Partners has launched its SCP Healthcare Real Estate Income Fund to focus on core-plus, healthcare real estate opportunities… Read more
Elat Properties Acquires DTLA Office Tower for $46M
Elat Properties has acquired 801 South Grand, a 215,000-square-foot office tower in Downtown Los Angeles just days before Measure ULA… Read more
TTM Acquires HHLA Entertainment Center in Los Angeles
Formerly known as The Promenade at Howard Hughes Center, the newly-named HHLA dining and entertainment center has been purchased by… Read more
Kilroy Realty CEO John Kilroy Jr. to Retire at End of 2023
Kilroy Realty, one of the largest office owners on the West Coast, has announced that Chief Executive Officer John Kilroy… Read more