The Entrada, a future 300,000-square-foot office space in Culver City, has been sold to Broad Street Principal Investments and LPC West, part of Lincoln Property Company. Terms of the transaction were not disclosed.
A winning proposal has been announced for the San Pedro courthouse, bringing the project one step closer to finally being built.
Real estate investment company invests $15M for minority stake in the new company.
Beverly Hills-based real estate investment company Kennedy Wilson has sold its research subsidiary to MidOcean Partners, Kennedy Wilson announced Dec. 12. Terms of the transaction were not disclosed.
Pearl Abyss Corp., based in Anyang, Gyeonggi, South Korea, announced Dec. 12 it will move from a temporary office in Irvine, Calif., to establish a full-time U.S. headquarters at the Omni Group Towers in Manhattan Beach.
By a 4-to-1 vote, the Los Angeles County Board of Supervisors voted Tuesday morning to approve the massive Centennial master-planned community project at Tejon Ranch and bring 19,000 new dwellings to the Southern California region.
Developer South Bay Partners has announced plans for a senior living community near Century City. Plans filed with the city Dec. 6 call for 192 units. Of the units, 71 will be independent living, 75 will be assisted living and 46 will be memory care living.
REAL ESTATE: Firm nabs Charles Dunn Co. team
Kidder Mathews not kidding about growth.
Square Mile Capital Management LLC and Deutsche Bank are providing $231.6 million in financing for creative offices in Culver City, Square Mile Capital announced Dec. 5. The borrower is Culver City-based Samitaur Constructs.
As companies move away from traditional workplaces, the need for coworking spaces has grown.
Century City-based Ares Management Corp. closed the Ares U.S. Real Estate Fund IX at $1.04 billion. The fund looks at value-add opportunities in multifamily, industrial and office investment properties.
The Guardian Life Insurance Company of America will acquire equity interest in Los Angeles-based Lowe Enterprises Investors. LEI is currently held by Lowe Enterprises. Terms of the transaction were not disclosed.
Radiology Partners is moving its headquarters to a new building in El Segundo, signing a lease valued at $33 million, CBRE Group Inc. announced Nov. 29. The company is currently headquartered in a different El Segundo building.
Downtown-based Arc Capital Partners received an allocation of $100 million from Sherman Oaks-based Belay Investment Group the companies announced Nov. 26.
Innovation Special Report
Fifth Wall Ventures co-founder Brendan Wallace is an advocate for new technologies and not just in his professional life as the managing partner of a venture capital firm focused on real estate technology.
Inglewood may soon be getting a new hotel. The mayor and city council have approved a 120-room Tru by Hilton hotel at the corner of 111th Street and Prairie Avenue, near the future NFL Stadium for the Los Angeles Rams and the Los Angeles Chargers.