Los Angeles
Northmarq Brokers Sale of Reseda Low-Rise
Steven Goldstein, VP of multifamily investment sales in Northmarq’s Los Angeles office, brokere...Read more
Bridge Loan Refinances 60-Unit Brentwood Apartment Building
Gortikov Capital secured a $49.5-million refinance for Luxe Villas, a 60-unit, Class A multifa...Read more
Ravello, WNC to Build Affordable SFRs in Lancaster
Ravello Holdings and WNC & Associates have closed a deal to begin construction on Maison’s Si...Read more
City Council Committee Advances $1B Revamp of LA Convention Center
A Los Angeles City Council committee endorsed an effort to remodel the downtown Convention Center b...Read more
Nonprofit Acquires LA Warehouse for $13M in All-Cash Deal
Matthews Real Estate Investment Service sourced an all-cash investor for the $13,000,000 acquisitio...Read more
Trammell Crow to Develop 350-Unit Multifamily at Northridge Fashion Center
Trammell Crow Company (TCC) closed on a 4.78-acre site in Northridge, with plans for a future resid...Read more
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