Ciaran McEvoy

Reporter (Real Estate)

Email: cmcevoy@labusinessjournal.com
Phone: 323-549-5225 Extension: 237

Recent Stories

SAG-AFTRA Building Gets $105 Million Refi Loan

New York-based commercial real estate finance firm Meridian Capital Group has arranged a 10-year $105 million loan for an affiliate of J.H. Snyder Co. to refinance the SAG-AFTRA Building at 5757 Wilshire Blvd on the Miracle Mile.

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Commercial Real Estate Exchange Lands $11 Million in Series A Financing

Commercial Real Estate Exchange Inc., a Marina del Rey-based marketing and technology platform, announced it has secured $11 million in series A financing led by Jackson Square Ventures of San Francisco.

Openpath Launches with $7 Million Raise

Culver City-based office security tech firm Openpath launched May 22, helped by a $7 million funding round and helped by local funds.

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Preferred Bank Expands Figueroa Headquarters

Preferred Bank has expanded its headquarters at 601 S. Figueroa St. in downtown Los Angeles to 37,000 square feet, landlord Brookfield Properties announced.

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Three-Building Campus in El Segundo Sells for $170 Million

San Francisco-based Swift Real Estate Partners has purchased a 549,000-square-foot three-building office campus at 2200, 2222 and 2230 E. Imperial Highway in El Segundo for $170 million, an unidentified industry source said.

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Glove Maker Austin Pang Pays $13.4M for New Building in Industry

Hong Kong-based Austin Pang Gloves Manufacturing Corp. has purchased a newly-constructed, 72,000-square-foot building at 17343 Freedom Way in the City of Industry for $13.4 million or about $185 per square foot.

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DivcoWest, CalSTRS Put L.A. in JV’s Sights

$300M in new commercial real estate fund

San Francisco-based investment firm DivcoWest Real Estate Services and the California State Teachers’ Retirement System last week said they will include Los Angeles as a target market for a $300 million joint venture for commercial real estate investments.

L.A. Real Estate Developer Charged With Bribery

The FBI has arrested commercial real estate developer Arman Gabaee, co-founder and co-managing partner of the Hollywood-based Charles Co., on criminal charges alleging he illegally paid off a Los Angeles County government employee who negotiated leases on the county’s behalf.

LAFC Moving to 25K SF Space Downtown

Los Angeles Football Club has signed a lease for 25,000 square feet of office space to house its headquarters at 818 W. 7th St. in downtown Los Angeles, CBRE Group Inc. announced.

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CalSTRS Strikes Joint Venture With DivcoWest Real Estate

San Francisco-based investment firm DivcoWest Real Estate Services has entered into a $300 million joint venture with the California State Teachers’ Retirement System, which will focus on acquiring commercial real estate throughout the nation.

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