Reporter (Real Estate)
Gemini-Rosemont will occupy offices in iconic Century City building
Gemini-Rosemont Realty looks to cash in on L.A.’s real estate market with HQ move.
Sawtelle-based Rexford Industrial Realty, Inc. has purchased four industrial properties for $84.5 million, the company announced April 18.
Skydance Media purchased Lantana Center and Lantana West in Santa Monica for $321 million, records show.
MG Properties Group purchased a 158-unit apartment building with ground floor retail in Long Beach for $48.9 million, records show.
Fort Ashford Funds purchased a building with a Vons in Long Beach for $29 million, records show.
Companies free up capital and cash in on properties
TAX LAW CHANGES SPUR SALE-LEASEBACK POPULARITY
Moves by Snap, others leave unused office space in search of tenants
SUBLEASES GIVE COMPANIES OPTIONS
Local builders tap $800M in public funds for supportive housing
A range of factors are driving growth and opportunity across Los Angeles’ real estate market. While some companies are benefitting from an influx of public money, others are taking advantage of tax law changes. In this week’s special report, we break down hot topics and trends as well as the latest data.
The 216-unit Park Western Estates in San Pedro sold for $62.9 million, Berkadia announced April 11.
Cedars-Sinai has expanded its offices at the Pacific Design Center by 30,000 square feet, according to Cohen Brothers Realty, owner and developer of the three-building complex in West Hollywood.