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

L.A. Rising: Miracle Mile

Mid-Wilshire area gets a makeover

The changes taking place in the Miracle Mile area largely fall into two categories: museums and multifamily housing.

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Crenshaw Plaza Sets Financing

Recently acquired retail center receives $31 million

Despite the so-called retail apocalypse, shopping centers in Southern California are still receiving interest from buyers and lenders.

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JRK Property Holdings Is Checking Into Hotels

Company buys Texas sites, seeks other opportunities

JRK Property Holdings Inc. is upgrading its status in the hotel category as part of its larger growth strategy.

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Hancock Park Gets Coliving Site

Joint venture will convert 78-unit apartment building

A 78-unit apartment building in Hancock Park has sold for $29 million to a coliving developer.

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Torrance Industrial Property Sells for $21.5 Million

IDI Logistics bought the property.

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Jerde Thinks Local, Too

After international fame, firm eyes LA work

Jerde Partnership believes it can go big and go home. The downtown-based design and architecture firm is putting its mark on projects around Los Angeles.

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‘Rare’ Cerritos Multifamily Site Sells for $49 Million

Four Trees apartment complex has 150 units

A 150-unit apartment complex in Cerritos sold for $48.6 million to Palos Verdes Management Co., which purchased the site from a partnership of local investors.

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Titmouse Signs Building Lease in Burbank

GPI secures lease for animation company

Titmouse Inc., an animation production company, signed a 95,000-square-foot lease for an entire building in Burbank.

Bezos Pays $165 Million for Beverly Hills Home

Record home sale for LA market

Amazon.com Inc. Chief Executive Jeff Bezos has purchased the famed Warner Estate from David Geffen for $165 million, a record in L.A.

Rancho Dominguez Site Secures 3 Leases

BYD, Schultz, Total Safety agree to long-term deals

Three leases totaling 115,000 square feet have been signed for an industrial campus in Rancho Dominguez.

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Developer Gillen Pairs Unvarnished with Side

Former stunt driver revs up luxury brokerage division

Scott Gillen, the former stunt-driver turned director turned developer has launched a luxury brokerage division of his company, Malibu-based Unvarnished Co.

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SKSI Takes Architecture to the Mall

Company may open 200 stores in next three years

SKSI Plans and Permits hopes to make architectural services more accessible to the masses.

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Santa Fe Springs Shopping Center Sells for $32 Million

The shopping center was about 80% leased at the time of the sale

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Arbor Buys Hotel Portfolio

Sale includes properties in Arcadia

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Ready Rooms: The Top Hotel Openings of 2019

Hotel openings, construction continue to climb in LA County

Last year was a big one for both hotel openings and hotel construction in Los Angeles County.

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