Los Angeles
City of Glendale Pursues More FDI Opportunities
The City of Glendale is continuing efforts to attract foreign direct investment (FDI), city officia...Read more
DTLA Studio Campus Lands $130M Construction Loan
CBRE Capital Markets’ Debt and Structured Finance secured $130 million in construction financing ...Read more
Macerich Turns Over Santa Monica Place to Lender
For the second time in as many weeks, a major retail landlord has quit Santa Monica. This time it�...Read more
California People and Company News, Week of June 14, 2024
ACORE Capital, LP, one of the leading U.S. commercial real estate debt managers, has appointed Mic...Read more
Takeda Breaks Ground on $230M Expansion of LA Manufacturing Facility
Takeda has broken ground on a $230-million expansion of its Los Angeles production facility. It's t...Read more
Berkadia Names Mortgage Banking Lead for Los Angeles, San Francisco
Berkadia has hired senior managing director Louis Friedel, who will lead the Los Angeles and San F...Read more
Multi-Tenant Retail Sale Completes Santa Monica Parcel Assemblage
Kennedy Wilson Brokerage finalized the $7-million sale of 2031-2037 Wilshire Blvd., a 3,149 square-...Read more
Santa Clarita Business Park Launches Construction
Construction has commenced on the Santa Clarita Commerce Center, an industrial business park with...Read more
Marcus & Millichap Names Chief People Officer
Marcus & Millichap has hired chief people officer Jan Coonley. Coonley will be responsible for ...Read more
Federal Realty Exits Ownership on Santa Monica’s Third Street Promenade
Federal Realty Investment Trust has sold its remaining assets on Third Street Promenade in Santa ...Read more
Luxury LA Apartments Fetch More than $1.5M/Unit
CBRE and Carolwood Estates recently brokered the sale of Utama Royale, a luxury, 18-unit multifamil...Read more
Erewhon Snaps Up Former Virgil’s Hardware in Glendale for 11th Location
The City of Glendale said that Erewhon, the upscale organic market and café with 10 locations acr...Read more
IPA Closes $62M Sale of NoHo Apartments for AvalonBay
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of AV...Read more
Lincoln Joins Team Rethinking Plans for Hollywood Office Project
Lincoln Property Company said Tuesday it had joined the development team for 6767 W Sunset, a proje...Read more
Real Estate Transactional Team Joins Allen Matkins from Goodwin
Allen Matkins has added a leading real estate transactional team is joining the firm acro...Read more
Value-Add Hollywood Offices Trade in All-Cash Transaction
Newmark completed the sale of 7083 Hollywood Blvd., a Class A value-add office investment property ...Read more
Koreatown Apartments in ED 1 Program Score Construction Debt
The Los Angeles-based Colliers Mortgage Structured Finance Group arranged $24.4 million in const...Read more
NYC-Based 3PL Provider Opens First West Coast Facility
Ship Essential, a Brooklyn-based third-party fulfillment company, has opened its first Southern Cal...Read more
Mill Creek Launches Preleasing at Pomona Rentals
Mill Creek Residential, a Florida-based developer, owner-operator and investment manager specializi...Read more