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

Holiday Inn Location Sells For $35 Million

The hotel has 141 rooms.

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Company 3 Leases Large Space at Sunset Las Palmas Studios

Post-production group Company 3 has leased 70,285 square feet at Brentwood-based Hudson Pacific Properties Inc.’s Harlow development.

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MJW Investments Sees Growth Through Co-General Partnerships

Santa Monica-based MJW sees major growth in co-general partner arrangements.

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Resmark Launches $220 Million Fund

Westwood-based Resmark Cos., a residential real estate investment manager, has launched a $220 million fund for its new Resmark Model Home Sale-Leaseback Venture.

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Macerich Sells Phoenix Mall for $100 Million

Macerich Co., a Santa Monica-based shopping mall owner and investor, said it sold Paradise Valley Mall in Phoenix for $100 million.

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Nightfall Group Grows High-End Rental Business From Humble Origins

Nightfall Group, an exclusive concierge and management service for pricey short-term rentals, was buffered from the worst impacts of the pandemic.

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East Hollywood Development Gets $22 Million Construction Loan

An apartment development in East Hollywood has secured a $21.5 million construction loan from Brentwood-based Parkview Financial.

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Xenon Buys Hollywood Apartment Complex for $21 Million

A 60-unit multifamily building dubbed the Hollywood Regency Apartments has sold for $21.3 million.

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Vernon Business Park Sells for $25 Million

Fruitland Business Park, a manufacturing property, in Vernon has sold for $24.5 million.

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Rising Realty Sells Calabasas Office Park for $79 Million

Rising Realty Partners has sold Park Calabasas — a 225,000-square-foot office campus sprawled across more than 20 acres in Calabasas — for $79 million.

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Los Feliz Multifamily Development Secures $35 Million in Financing

Commercial mortgage banking firm Gantry has lined up $35 million in financing for a multifamily development at Western and Franklin avenues.

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Coworking Companies Seek Fresh Start in LA

These companies are bringing a new kind of coworking to L.A.

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Long Beach Luxury Apartment Complex Sells for $120 Million

Waterford Property Co. and the California Statewide Communities Development Authority have purchased a 216-unit luxury apartment community in Long Beach for $120 million.

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Luxury Agent Aaron Kirman Uses AI to Find Buyers

Residential real estate agent Aaron Kirman, one of the top agents in Los Angeles by sales volume, has launched a new AI-powered interface aimed at making it easier to sell properties.

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Perla Condo Tower Opens on Downtown’s Historic Broadway

A building that some call the only true high-rise built on downtown’s iconic Broadway in the last century has started welcoming tenants.

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