For Mid-Wilshire-based developer Decron Properties Corp., family is key.
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.
A whiskey-themed hotel under construction near Hollywood Boulevard has just received $35 million in financing.
The iconic El Palacio apartment building in West Hollywood has sold for nearly $16 million.
Linc Housing Corp. has partnered with Search to Involve Pilipino Americans on HiFi Collective at 3200 W. Temple St.
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Downtown-based BLVD Hospitality has purchased the iconic Georgian Hotel on Ocean Avenue in Santa Monica. Terms of the sale were not disclosed.
Downtown-based Tauro Capital Advisors Inc. has secured a total of $50 million in loans for three developers on triple-net lease properties. Tauro Capital’s Stephen Stein and Tony Festa arranged the loans.
Covid-19 has had a devastating impact on the hotel industry, and that pain has extended to the planning and construction of new hotels.
Torrance-based Vivo Investment Group launched in May with the goal of transforming a glut of excess hotel rooms into much-needed apartment units.
A 60-unit apartment building in Los Feliz has sold for $24 million.
Granite Properties Inc., which has three buildings in L.A., is investing $10 million to make its properties Covid-19 safe.
Koreatown-based developer Jamison is having a busy year, even in the face of Covid-19.
US Elogistics Service Corp., a China-based ecommerce company, has signed a roughly 232,000-square-foot industrial lease in Vernon.
Assessed property values in Los Angeles County increased for the 10th consecutive year, according to the latest Assessment Roll.
While some companies may be slowing down due to Covid-19, two that specialize in single-family home rentals are ramping up.