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

Made Goods Signs Big Lease in City of Industry

A furniture company has signed a 282,000-square-foot lease in the City of Industry.

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Ivy Looks to Provide Flex Space Solutions

Real estate veterans G. Ryan Smith and Michael Zietsman have launched Ivy Offices, a flex space operator based in Santa Monica.

$1 Billion Overhaul Underway for Jordan Downs Complex in Watts

Jordan Downs, an expansive housing complex in Watts, is in the midst of a $1 billion redevelopment.

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InteliGlas Uses AI Program to Save Energy, Cut Costs

Pasadena-based InteliGlas Corp. integrates artificial intelligence systems into existing buildings for a variety of uses.

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Carson Development Adds Skydiving Facility

Plenitude Holdings, a partnership of Blanchard Entities and Shopoff Realty Investments, has signed a ground sublease with Carson Outdoor Fly for a skydiving facility in Carson.

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Motorcycle Parts Maker Signs Big Lease in Cerritos

Motorcycle parts manufacturer Performance Machine has signed a 75-month, 53,552-square-foot industrial lease in Cerritos.

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L.A Rising: Koreatown

Despite the Covid-19 pandemic, Koreatown continues to be a hotbed of development.

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Venice Complex Sells for $65 Million

The 70-unit Avalon Venice apartment complex on Rose Avenue in Venice Beach sold for $65 million.

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Pandemic Cuts Into LA’s Real Estate Markets — and the Portfolios of Some of the City’s Wealthiest

The historically strong real estate market in Los Angeles has faltered during the Covid-19 pandemic.

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Family-Owned Developer Decron Eyes Further Expansion

For Mid-Wilshire-based developer Decron Properties Corp., family is key.

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CIM Group Sets Record With $506 Million Deal

CIM Group, a development company based in Mid-Wilshire, has purchased a 2,346-unit apartment property in Alexandria, Va., for $506 million, the highest transaction for the Washington, D.C., area ever.

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Whiskey-Themed Hotel Set for Hollywood

A whiskey-themed hotel under construction near Hollywood Boulevard has just received $35 million in financing.

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Historic West Hollywood Apartment Building Sells for $16 Million

The iconic El Palacio apartment building in West Hollywood has sold for nearly $16 million.

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Supportive Housing Project Set for Filipinotown

Linc Housing Corp. has partnered with Search to Involve Pilipino Americans on HiFi Collective at 3200 W. Temple St.

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BLVD Acquires Georgian Hotel in Santa Monica

Custom Content by the Los Angeles Business Journal

Downtown-based BLVD Hospitality has purchased the iconic Georgian Hotel on Ocean Avenue in Santa Monica. Terms of the sale were not disclosed.

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