Stories by Hannah
A roughly 33,000-square-foot industrial building in Vernon has sold for $9.1 million.
With California’s eviction moratorium set to expire at the end of the month, will Los Angeles property owners begin booting tenants en masse who haven’t been paying rent?
Downtown-based real estate investment firm Coretrust Capital Partners has used the pandemic to make improvements that would normally take much longer on some of its office properties.
The Franklin Park Apartments, a 75-unit apartment building in Hollywood, has sold for $22 million.
Residential brokerage firm Corcoran Group affiliate Corcoran Global Living has signed a lease for 5,000 square feet in Beverly Hills.
Sawtelle-based Pacific Oak Capital Advisors has closed two credit facilities that will allow the investment company to provide up to $120 million in financing.
Waterford Property Co. and California Statewide Communities Development Authority have purchased two multifamily properties in Pasadena for a combined $335.1 million.
Beverly Hills-based Unilev Capital Corp. has purchased the retail component of the Waverly and Seychelle condominiums in Santa Monica.
McKinley Packaging has signed a lease for a 102,516-square-foot industrial building in Santa Fe Springs.
An office building in Manhattan Beach has been refinanced for $30 million.
"We’ve seen about 25% rental growth from this time last year."
"It’s beyond just helping property owners with their property taxes; it’s also leveling the playing field."
What will office spaces look like moving forward?
L.A. real estate companies are turning their attention to farther flung markets and closing deals outside California, from Provo, Utah to Orlando, Fla.
Brentwood-based Rexford Industrial Realty Inc. has been on a buying spree during the second quarter.
Decron Properties Corp. has acquired a 194-unit multifamily property in Tempe, Ariz., for $64.8 million.
FabFitFun has signed a multi-year agreement for a headquarters space at WeWork Cos. Inc.’s Pacific Design Center location.
Streaming giant Hulu has signed a 351,000-square-foot lease for office space in Santa Monica.
The massive old Sears property that occupies a prime spot on Santa Monica Boulevard in Hollywood is on the verge of a revival.
CenterPoint Properties has purchased a large industrial property in Carson for an undisclosed sum in a sale-leaseback transaction.
Avison Young Inc. will soon have a new downtown home, complete with a hybrid design for a post-Covid world.
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.
A 124,785-square-foot office building in Burbank known as The Link has sold for $61.5 million.
The La Alameda Shopping Center in Walnut Park has been refinanced for $40 million.
Office sales in L.A. County, which slowed during the Covid-19 pandemic, are speeding up.
Jade Mills is one of the most respected names in Los Angeles residential real estate.
The Beverly Hills property housing a Saks Fifth Avenue department store has received a $20 million loan to recapitalize.
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.
A creative office development in West Adams has received $54.7 million in construction financing.
Downtown’s residential market is showing signs of a pandemic recovery.
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.
Downtown-based private equity real estate investment firm Cottonwood Management has launched a $750 real estate investment vehicle.
Westwood-based Stockdale Capital Partners has purchased the JW Marriott Santa Monica Le Merigot hotel.
A record store is headed to Atwater Village.
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.
Common Living Inc., a New York-based property manager, has announced plans to make Los Angeles its biggest U.S. market.
Beverly Hills-based developer Markwood Enterprises has been growing with a new focus on L.A. and multifamily development.
The Switchyard, a creative office building in the Arts District, has sold for $80 million.
Developer Robert F. Maguire III, whose best-known projects include downtown's U.S. Bank Tower, has died at age 86.
CGI+ Real Estate Investment Strategies plans to develop a Lazy Acres Natural Market on three parcels in Los Feliz.
Despite tough regulations and a pandemic that pummeled the Los Angeles hospitality industry, local vacation rental operators are thriving.
An affiliate of Green Cities Co. has purchased the Estelle, a 61-unit multifamily building in Mid-Wilshire, for $55 million.
While most office submarkets in L.A. County have struggled to bounce back after the pandemic, the South Bay has managed to step up in 2021.
The long-awaited Pendry, a large hotel and condominium development on the Sunset Strip at the site of the former House of Blues, has partially opened.
Brentwood-based Lowe, formerly Lowe Enterprises, has formed a new commercial brokerage firm.
The AIDS Healthcare Foundation purchased a 190-unit multifamily building in the Westlake/MacArthur Park area for $30 million.
Famed architect Art Gensler, founder of Gensler, has died. He was 85 years old.
A five-story office building in Pasadena is being redeveloped with an eye toward features that have become increasingly desirable as a result of the Covid-19 pandemic.
Demand for grocery store properties has soared during the pandemic, transforming the sector into one of the most sought-after real estate investment categories.
The Wilshire West Medical Tower in Brentwood has received a $42.5 million refinancing.