REAL ESTATE
Recent and archived news stories on: Commercial real estate, residential real estate, housing, architecture, engineering, real estate brokers, construction, property development, property management
Two Apartment Buildings in Downtown Sell for $406 Million
Daydream Apartments has purchased the Grace on Spring and the Griffin on Spring from Holland Partner Group for $406 million.
Community Centered
Business partnerships help Ketchum YMCA adapt to a changing downtown
The Ketchum-Downtown YMCA is adapting to changing neighborhood.
Value Add
Property valuations in Los Angeles County rose by $94 billion in 2018
Assessed valuations in Los Angeles County rose by $94 billion in 2018.
Demand Soars for Warehouses
Homelegance one of many companies signing new leases
Homelegance LA Inc., Punch Studio sign new leases in a hot market.
Office Buildings Pull in Record Sale Prices
Properties in Rancho Dominguez and Larchmont Village command top dollar per square foot
PRG Investment & Management Inc.’s sale of an office park brings top dollar.
Sterling Buys Two Melrose Retail Sites
Investor spends $35 million on ‘high street’ storefronts
Sterling Organization acquires two “high street” buildings on Melrose.
LA Outpaces California on Hotel Construction
Most of the new hotel construction and development is downtown, which has become a major tourist destination.
Office Building Leased to Boeing Sells for $51 Million
The 200,000-square-foot campus in El Segundo sold for $50.8 million.
Price Architects Joins Global Firm HKS
Two prominent LA architecture and design firms are combining forces. Price Architects Inc. has joined HKS Architects, the firms announced July 15.
Cedars-Sinai $15 Million Grant Addresses Homelessness
Cedars-Sinai is contributing $15 million to address homelessness. The money will go to 108 nonprofit groups.
WeWork Signs 30th LA Lease at Wilshire Courtyard
Coworking giant WeWork Cos. Inc. has signed a more-than 135,000-square-foot lease at Wilshire Courtyard in Miracle Mile — its 30th lease in the city.
L.A. County Assessed Property Valuations Pass $1.6 Trillion, Led by Inglewood’s NFL Stadium
Assessed property valuations grew 6.3% last year to $1.6 trillion, led by the NFL stadium construction in Inglewood, the county assessor’s office reported July 15.
Sterling Organization Shells Out $35 Million for Melrose Ave. Retail Properties
Sterling Organization has acquired a two-building retail portfolio on Melrose Avenue in West Hollywood for $35 million.
Rising Realty Buys Denver Office Tower
Acquisition is company’s first outside of SoCal
Acquisition is company’s first outside of SoCal
Construction Wraps on Long Beach Center
New City Hall and port headquarters to open this month
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