Manhattan Beach
Sonnenblick-Eichner Arranges First Mortgage Debt on Coastal SoCal Hotels
Sonnenblick-Eichner Company arranged $126.136 million of first mortgage debt for Pacifica Hotels to refinance a portfolio of seven Southern California… Read more
Avatar Provides Financing for Luxury Beachfront Residences
Avatar Financial Group LLC has provided $12 million in financing for a pair of luxury beachfront residences in Manhattan Beach. The two-year… Read more
Newmark Closes Sale of “Westside Trio” Multifamily Portfolio
Newmark closed the $16.15-million sale of a multifamily portfolio, known as Westside Trio. Located in highly sought-after neighborhoods of West… Read more
CBRE Closes Single-Tenant Sales in Manhattan Beach, Oxnard
CBRE has arranged the sales of two single-tenant retail properties in Manhattan Beach and Oxnard, leased to El Pollo Loco and… Read more
California People and Company News for Sept. 22, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Bruce Family Sells Manhattan Beach Property Back to LA County
In a surprise twist to an historic story, Los Angeles County is getting a Manhattan Beach property back from the… Read more
Redondo Beach Single-Tenant Salon Suite Fetches Record Pricing
Hanley Investment Group has arranged the $6.3 million sale of a single-tenant, net-leased retail asset occupied by Phenix Salon Suites… Read more
Magma Equities Spends $83M for Raleigh Multifamily in Off-Market Deal
Manhattan Beach, CA-based Magma Equities has acquired the Litchford 315 Apartments, a 240-unit multifamily community in Raleigh, NC, in an… Read more
Magma Equities Acquires 1,361-Unit Texas Multifamily Portfolio
Magma Equities, a Manhattan Beach, CA-based real estate company that repositions Class A and B apartment communities nationwide, has acquired… Read more
Fisker HQ in Manhattan Beach Gets $30M Refi
Sonnenblick-Eichner Company recently arranged $30 million of first mortgage debt for Continental Development Corporation to refinance 1888 Rosecrans Ave., a… Read more
Industrial and Flex/Office Deals Underscore West Coast Appeal
In the first 30 days of 2021, EverWest Real Estate Investors completed almost $50 million in commercial real estate transactions… Read more
Recently Delivered Starbucks in Fullerton Sold
Calbay Development, LLC, a Manhattan Beach-based retail development company, divested a single-tenant retail building in Fullerton. An unnamed private, high-net-worth… Read more
L.A.’s Westside Holds Attention of Media-Tech Convergence
By Dennis Kaiser Connect Westside Los Angeles’ panel titled, Construction Town: New Projects, TOD Development, Construction Costs and More on… Read more
SRS, Hanley Team Up on Record Raising Cane’s Deal in Anaheim
SRS Real Estate Partners and Hanley Investment Group completed the sale of a new-construction, single-tenant Raising Cane’s Chicken Fingers quick-service… Read more
Hackman Acquires Manhattan Beach Studios from Carlyle in $650M Deal
Los Angeles-based Hackman Capital Partners acquired, through an affiliated entity, The MBS Group, a film and TV studio real estate… Read more
Park Trust Makes Plans for Manhattan’s First Beach
Manhattan Beach may soon no longer be strictly the name of a California coastal community. At its board meeting Thursday,… Read more
Co-Working Breathes Life into SoCal’s Obsolete Retail Space
Retailers across America are considering ways to repurpose vacant space. A study by JLL shows that 75,000 square feet of… Read more