Hannah Madans
Stories by Hannah
Two Development Sites in Santa Monica Secure $44 Million Loan
WS Communities has received a $44 million loan to refinance two multifamily development sites in Santa Monica.
Tech Giants Take Lead in Leasing
Coworking companies also outpace entertainment sector
Coworking companies also outpace entertainment sector
Mad About Multifamily
Aggressive investors snap up apartment buildings
Aggressive investors snap up apartment buildings
Hotel Plans Proliferate in Hollywood
Wilcox Avenue proposal replaces multifamily bid
Wilcox Avenue proposal replaces multifamily bid
New Stadium, Recession Fears Are Top of Mind
Allen Matkins event attracts brokers and developers
Allen Matkins event attracts brokers and developers
Downtown Medical Office Sells for $85 Million
A roughly 147,000-square-foot downtown health care facility, dubbed 3rd Street Medical Center, sold for $85 million.
El Segundo Manufacturing Building Sells for $84 Million
Brentwood-based GPI Cos. has purchased a manufacturing building in El Segundo for $84 million.
Ex-CBRE Exec Launches Firm
Real estate: PaxCap plans $1 billion portfolio
Real estate: PaxCap plans $1 billion portfolio
L.A. Rising: East Hollywood
SPECIAL REPORT: East Hollywood is getting its time in the spotlight.
East Hollywood is getting its time in the spotlight.
Parking Lots Looking to the Future
Long Beach garage could be converted for other uses
Long Beach garage could be converted for other uses
LA Museums Line Up for Makeovers
La Brea Tar Pits complex is the latest to join the queue of upcoming culture projects
La Brea Tar Pits complex is the latest to join the queue of upcoming culture projects
Grand Stand
Downtown’s next mega-project, the $1B Grand, targets a 2021 opening
Downtown’s next mega-project, the $1B Grand, targets a 2021 opening
Koreatown Building Sells for $189 Million
Off the Market: Apartment complex Next on Sixth sold for more than double what it cost to build.
Staying Power
Investors are buying modest hotels but holding onto trophy properties
HOTELS A rising number of smaller, modest hotels in Los Angeles changed hands in the first half of this year.
Final Homes for Sale in Playa Vista
Houses in Silicon Beach centerpiece start at $3.1M
RESIDENTIAL Homes at Taylor Morrison Inc.’s new Playa Vista development are now on the market.
Bow West Wraps West Adams Redevelopment
Downtown-based developer Bow West Capital has completed La Cienega Place, a 29,000-square-foot creative office space conversion in West Adams, just outside of Culver City.
Marcus & Millichap Brokers Deals for Nearly $30 Million Worth of Retail Assets
Brokerage Marcus & Millichap Inc. announced nearly $30 million worth of retail property sales on Aug. 21.
Hospitality Group SBE Opens New Office in Beverly Hills
Lifestyle hospitality company SBE, known for brands such as SLS Hotels and Katsuya, is expanding with a new office in Beverly Hills.
LA Looks to Manage Properties
Proposed nonprofit would identify opportunities for city
Proposed nonprofit would identify opportunities for city
Strong Second Quarter for Downtown Market
Arts District gains drive higher net absorption rates
Arts District gains drive higher net absorption rates
Mall Makeovers
LA shopping centers enjoy a resurgence thanks to pricey renovations, food upgrades
Aerospace Property Soars
REAL ESTATE: Fresh uses for older manufacturing sites
REAL ESTATE: Fresh uses for older manufacturing sites
Suburban Retail Center in Monrovia Sells for $31 Million
Monrovia Landing, a bustling retail center in the San Gabriel Valley suburbs with an Aldi grocery and other big-box stores, has sold for $30.5 million.
Pasadena Campus Sells for $30 Million
Graymark Capital Inc. and Eightfold Real Estate Capital purchased a nearly 219,000-square-foot office campus in Pasadena for $30 million.
Beverly Hills BMW Dealership Property Sells for $70 Million
The property that houses a BMW dealership in Beverly Hills has sold for $70 million.
Multifamily Project in South Gate Gets $80 Million Loan
Developer JPI has received $80 million for construction of Jefferson on Imperial in South Gate.
Tech-Friendly Agency Grabs Top Brokers
Compass counts 2,360 agents in Southern California
Startup real estate agency Compass is recruiting L.A.’s top agents.
Architect Ma to Design BH Housing
Gardenhouse units will start at $3.7 million
Ma Yansong, the architect behind the upcoming Lucas Museum of Narrative Art, is designing a housing development in Beverly Hills.
A Rising Tide
Silicon Beach sees a growing labor pool, surging demand for office space
Silicon Beach neighborhoods have seen a growing number of workers in the technology sector and rising demand for office space.
Hacienda Heights Multifamily Building Sells for $34 Million
Sagewood Gardens, a 162-unit senior living community in Hacienda Heights, has sold for $34.4 million.
Prologis Buys 11-Acre Site in Commerce for $41 Million
Logistics real estate company Prologis Inc. has purchased an 11-acre industrial site in Commerce for $41.4 million.
Rare Office Building in Hermosa Sells
The Bijou Building, a roughly 23,000-square-foot building in Hermosa Beach, has sold for $18 million. It is a three-story mixed-use building with office and retail space.
Developers Set Low-Cost Housing
Relevant Group, Related Cos. file plans for dozens of units
Relevant Group, Related Cos. file plans for dozens of units
GPI Cos. Closes $300 Million Investment
Brentwood-based GPI Cos. received $300 million equity commitment from one of the largest state pension systems.
‘Wellness’ Amenities Juice Up Properties
REAL ESTATE: A growing niche for homes and offices
A growing number of properties are being outfitted with personal health and wellness in mind.
Brokers, Investors Post Strong Second Quarter
Demand for industrial, office properties drives profits
Demand for industrial, office properties drives profits
Hackman Capital Partners Purchases MBS Group for $650 Million
Hackman Capital Partners expands its studio production footprint with the acquisition of MBS Group from Carlyle Group for $650 million.
Renowned Malibu Real Estate Agent Joins Real Estate Tech Firm Compass
Chris Cortazzo, ranked No. 2 on the Business Journal's 2018 list of residential real estate agents, joins from Coldwell Banker.
Tourist-Friendly Hollywood & Highland Retail Center Sold for $320 Million
CIM Group Inc. has sold the 460,000-square-foot retail and entertainment center at Hollywood and Highland in Hollywood.
TOP COWORKING COMPANIES IN LA
TOP COWORKING COMPANIES IN LA
Brokers Try Coworking
CBRE, Savills, others add flexible-office operations
Real-estate brokers are trying to get in on the coworking craze.
Space Race
Coworking providers have signed more than 20 leases in LA this year
Coworking companies have signed more than 20 new leases in L.A.
SHARED VISION
Coworking companies benefit by catering to specific industries
Coworking specializes to compete.
Whole Foods Coming to Cumulus West Adams Development
West Adams is getting a Whole Foods. The Amazon.com Inc.-owned grocer has signed a lease for 50,000 square feet at Carmel Partners' Cumulus development.
Housing Authority Files Plans for 185-Unit Development
L.A.'s Housing Authority has filed plans to demolish a 100-unit affordable housing development and build a 185-unit development in its place.
Seagrove Property Group Sells Ground Lease at Glendora Commons to Foreign Investor
A leasehold interest in the Glendora Commons has sold for more than $13 million.
Coliving Club Upstart Raising Funding, Adding Locations
Hollywood-based coliving company Upstart has plans for a handful of additional locations and has begun fundraising for a $15 million Series A round.
All Aboard
In neighborhoods along the Expo Line, developers are racing to meet demand
Transit Projects Draw Developers
Higher Living
Thousands of high-rise residential units come online downtown
Thousands of high-rise residential units come online downtown By HANNAH MADANS Staff Reporter
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