Los Angeles
Hudson Pacific, Macerich Close $700M Sale to U. of California
(Updated with additional information) Hudson Pacific Properties, Inc. and Macerich said Wednesd...Read more
JV Snaps Up Westside Creative Office at Deep Discount
Harbor Associates, LLC, in a joint venture with F&F Capital Group, acquired a five-story, 164,...Read more
UCLA Acquiring Former Westside Pavilion from Hudson Pacific, Macerich
UCLA is acquiring the former Westside Pavilion in Los Angeles for an undisclosed sum from Hudson Pa...Read more
Aon Center Trades in DTLA’s Largest Office Sale of 2023
(Updated with additional information) Colliers arranged the $147.8-million acquisition of Aon Ce...Read more
C.W. Driver Completes Temple City Residential
Construction firm C.W. Driver Companies announced the completion and opening of Begonia Place in Te...Read more
Skanska Divests Newly Built L.A. Offices for $71M
Skanska has sold 9000 Wilshire, an office building it developed in Beverly Hills, to a company bas...Read more
Colliers Mortgage Adds William Hyatt as VP
Colliers Mortgage, the debt financing arm of Colliers | U.S., has grown its Los Angeles based Struc...Read more
Rob Rubano to Lead Equity, Debt & Structured Finance at CushWake
Cushman & Wakefield appointed executive vice chair Rob Rubano as head of Equity, Debt & Str...Read more
Sheppard Mullin Signs DTLA’s Largest New Office Lease of 2023
CIM Group executed a long-term lease with international law firm Sheppard Mullin to bring its headq...Read more
Kilroy Realty Names Brixmor President as New CEO
Kilroy Realty Corporation has appointed Angela M. Aman, currently president and CFO of Brixmor Prop...Read more
Decron Divests Thousand Oaks Portfolio for $171M
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the $171.25-m...Read more
California People and Company News for Dec. 15, 2023
Tom Brisbin, CEO of Anaheim-based Willdan Group, plans to retire as CEO effective Dec. 29. He will...Read more
ExchangeRight Fully Subscribes 13-State DST Portfolio
Pasadena-based ExchangeRight, a provider of diversified real estate DST and REIT investments, has f...Read more
1031 Buyer Acquires Five Apartment Properties in Torrance, Long Beach
CBRE finalized the acquisition of five multifamily properties in Torrance and Long Beach on behal...Read more
JPMorgan Provides Its First-Ever Construction Loan on 100% Workforce
Thrive Living, with the support of JPMorgan Chase, will develop a new 376-unit affordable and wor...Read more
World Surf League Catches Wave in El Segundo with New HQ Space
Savills oversaw the relocation of the World Surf League’s (WSL) headquarters to El Segundo. The ...Read more
Third of Five Q-Branded MF Projects Tops Out in Woodland Hills
Balaciano Group has topped out construction on The Q De Soto, a new apartment property in Woodland ...Read more
iBorrow Closes Refi of Four-State Industrial Portfolio
Los Angeles-based iBorrow closed a $46.58-million refinancing of a 2,166,600-square-foot, six-prope...Read more
Kidder Mathews Elevates Luchs to Managing Director
Kidder Mathews’ Josh Luchs has been promoted to managing director of the firm’s ...Read more