REAL ESTATE
Crexi Continues Growth Surge Despite Pandemic
Marina del Rey-based Commercial Real Estate Exchange Inc. had a busy 2020, and that pace has continued in 2021 as interest in the company’s products increased during the pandemic.
Burbank Creative Office Building Sells for $62 Million
A 124,785-square-foot office building in Burbank known as The Link has sold for $61.5 million.
LA500 Q&A: Jade Mills on Her $6 Billion Real Estate Career
Jade Mills is one of the most respected names in Los Angeles residential real estate.
Cottonwood Launches $750 Million Real Estate Fund
Downtown-based private equity real estate investment firm Cottonwood Management has launched a $750 real estate investment vehicle.
US Bank Tower to Undergo $60 Million in Upgrades
New York-based Silverstein Properties, which purchased the U.S. Bank Tower for $430 million last year, announced plans for a $60 million upgrade to the iconic skyscraper.
Luzzatto Co. Gets $55M Loan for West Adams Development
A creative office development in West Adams has received $54.7 million in construction financing.
Saks Fifth Avenue Site in Beverly Hills Secures $20 Million Loan
The Beverly Hills property housing a Saks Fifth Avenue department store has received a $20 million loan to recapitalize.
Multifamily Rents Are Rising Downtown
Downtown’s residential market is showing signs of a pandemic recovery.
LA County Renews $11 Million Office Lease Near LAX
Los Angeles County has signed a five-year lease renewal for 52,054 square feet near LAX in a lease valued at $10.9 million.
Atlas to Redevelop Times Printing Plant Into Studio Complex
Atlas Capital Group has submitted plans for a $650 million project to redevelop the Los Angeles Times downtown printing plant into an 832,190-square-foot creative campus with 17 soundstages.
Arts District Office Campus Sells for $80 Million
The Switchyard, a creative office building in the Arts District, has sold for $80 million.
Stockdale Capital Buys Santa Monica Marriott
Westwood-based Stockdale Capital Partners has purchased the JW Marriott Santa Monica Le Merigot hotel.
Markwood Embraces Multifamily Development
Beverly Hills-based developer Markwood Enterprises has been growing with a new focus on L.A. and multifamily development.
Common Sets Big Goals for LA Expansion
Common Living Inc., a New York-based property manager, has announced plans to make Los Angeles its biggest U.S. market.
Coachella Co-Founder to Open Record Store
A record store is headed to Atwater Village.
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