Los Angeles
New York Leads Major Cities in Office Demand Recovery
New York City has regained almost 50% of its initial pandemic decline in new demand for office space, with Los… Read more
iBorrow Provides $87M Acquisition Financing for Historic LA Hotel
Commercial real estate lender iBorrow has provided financing to hoteliers Ian Schrager and Ed Scheetz to enable their acquisition of… Read more
Lew Horne to be Inducted into NAIOP SoCal Hall of Fame
CBRE’s Southern California President of Advisory Services Lewis “Lew” C. Horne will be inducted into the NAIOP SoCal Hall of… Read more
Champion Refinances USC Student Housing Asset
Los Angeles-based Champion Real Estate Company has secured the $16.1 million refinancing of Victory on Portland, a 55-unit, 139-bed student… Read more
Tuesday Morning Closing 31 Stores in California
The pandemic has taken another victim, as discount home goods retailer Tuesday Morning has filed for Chapter 11 bankruptcy, and… Read more
The California Exodus Continues
California’s population has continued to decline, as the negative impacts of traffic, the cost of housing and the ability to… Read more
USC Ross Program Celebrates 30 Years with 18 New Grads
The USC Lusk Center for Real Estate’s Ross Program has announced 18 new graduates for their 2023 winter session, which… Read more
Clara Homes Secures $26M to Build Luxury Rental Community in Miami’s Bay Harbor
Miami, FL-based Clara Homes has closed on a $26-million construction loan financed by Maxim Capital for Clara Bay Harbor, a… Read more
LA Homes Reveals Film’s Most Googled Houses
Real estate company LA Homes has analyzed the monthly worldwide search volume for each of the highest-ranking movies on IMDb… Read more
Q&A: PRCP’s Thomas Pasquesi and the State of SoCal Retail
The pandemic and economic volatility has challenged the commercial real estate industry over the last few years, and the retail… Read more
LA County Receives $196M in Funding for Affordable Projects
California Governor Gavin Newsom has announced $825 million in funding for new affordable and permanent supportive housing developments in the… Read more
Brookfield DTLA Office REIT Defaults on $784M in Loans
The downtown office market in major cities continues to struggle after changes brought on by the pandemic, as another major… Read more
Cityview Promotes Damian Gancman to COO in Los Angeles
Multfamily investment management and development firm Cityview has promoted CFO Damian Gancman to Chief Operating Officer in Los Angeles. In… Read more
KC Conway Zeroes In on the Big Story for Industrial
Connect Industrial Midwest 2023, scheduled for Feb. 22 at Joe’s Live in Rosemont, IL, promises to provide of wealth of… Read more
Mesa West Fund V Oversubscribes at $1.4B
Los Angeles-based Mesa West Capital, the private U.S. real estate credit arm of Morgan Stanley Investment Management, has raised $1.37… Read more
New CA Transfer Tax Referendum to Appear on 2024 Ballot
A petition calling for a new referendum on local special tax increases, headed by Kilroy Realty, will appear on the… Read more
JLL Arranges $69M in Financing for LA County Industrial Portfolio
JLL Capital Markets has arranged $69.1 million in post-close acquisition financing for Walnut Business Park, a 33-building, 335,000-square-foot light industrial… Read more
Universe Holdings Snags Ventura Multifamily Property for $20M
Berkadia has completed the $20.35 million sale of YOLO West Apartments, a 45-unit multifamily community in Ventura, CA. The property,… Read more
Nelson Rising, LA Developer Who Helped Shape Real Estate across the USA, Dies at 81
Nelson C. Rising, a Los Angeles-based developer and political and civic leader, died on Thursday, February 9 at his home… Read more