Hannah Madans

Reporter (Real Estate)

Real estate reporter Hannah Madans can be reached at hmadans@labusinessjournal.com.

Email: hmadans@labusinessjournal.com
Phone: 323-549-5225

Recent Stories

Christina Development Closes $44 Million Real Estate Fund

Malibu-based real estate sponsor and manager Christina Development Corp. has closed its Christina Real Estate Investors 4 fund, for which it raised $44.1 million from more than 150 investors.

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Pacshore Partners Purchases Burbank Office Building for $91 Million

Brentwood-based Pacshore Partners has purchased a 152,834-square-foot office building in the Burbank Media District for $90.5 million. Granite Properties sold the 10-story building, dubbed 2600 Olive.

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Rexford Industrial Acquires Five LA Properties for $126 Million

Brentwood-based Rexford Industrial Realty Inc. has acquired five industrial properties for $125.9 million and has sold one for $11.7 million.

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LA Office Lease Demand Recovers From Pandemic-Driven Slump

The office leasing market has rebounded since the start of the Covid-19 pandemic.

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Duke Realty Acquires 3.2-Acre Industrial Facility in Pomona

Duke Realty has purchased a 3.2-acre distribution facility at 468 S. Humane Way in Pomona, which the company considers to be part of the San Gabriel Valley industrial submarket.

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Armata Pharmaceuticals’ Del Rey Office Lease Signals Continued Interest in Westside

Armata Pharmaceuticals Inc. has leased a new headquarters building at 5005 McConnell Ave. in Del Rey.

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Jonathan Rose Buys Pasadena Housing Complex for $223 Million

An affordable housing complex in Pasadena has sold for $223 million.

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DB Capital to Expand Out of State Citing ‘Additional Risk’ of Investing in Calfornia

Playa Vista-based real estate investment firm DB Capital Management is increasing its attention outside of California, lining up deals in other states where it views the risk as lower.

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Historic Downtown LA Building Is Focus of $10.7 Million Refinancing Loan

A 199,860-square-foot historic building in downtown has received a $10.7 million loan to refinance.

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Pomona Business Park Sells for $6.8 Million

A business park on nearly 4 acres in Pomona has sold for $6.8 million.

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