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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.

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Tech Giants Take Lead in Leasing

Coworking companies also outpace entertainment sector

Coworking companies also outpace entertainment sector

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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

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New Stadium, Recession Fears Are Top of Mind

Allen Matkins event attracts brokers and developers

Allen Matkins event attracts brokers and developers

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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.

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El Segundo Manufacturing Building Sells for $84 Million

Brentwood-based GPI Cos. has purchased a manufacturing building in El Segundo for $84 million.

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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.

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Parking Lots Looking to the Future

Long Beach garage could be converted for other uses

Long Beach garage could be converted for other uses

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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

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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

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Koreatown Building Sells for $189 Million

Off the Market: Apartment complex Next on Sixth sold for more than double what it cost to build.

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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.

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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.

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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.

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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.

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LA Looks to Manage Properties

Proposed nonprofit would identify opportunities for city

Proposed nonprofit would identify opportunities for city

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Strong Second Quarter for Downtown Market

Arts District gains drive higher net absorption rates

Arts District gains drive higher net absorption rates

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Mall Makeovers

LA shopping centers enjoy a resurgence thanks to pricey renovations, food upgrades

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Aerospace Property Soars

REAL ESTATE: Fresh uses for older manufacturing sites

REAL ESTATE: Fresh uses for older manufacturing sites

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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.

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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.

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Beverly Hills BMW Dealership Property Sells for $70 Million

The property that houses a BMW dealership in Beverly Hills has sold for $70 million.

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Multifamily Project in South Gate Gets $80 Million Loan

Developer JPI has received $80 million for construction of Jefferson on Imperial in South Gate.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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‘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.

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Brokers, Investors Post Strong Second Quarter

Demand for industrial, office properties drives profits

Demand for industrial, office properties drives profits

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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.

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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.

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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.

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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.

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SHARED VISION

Coworking companies benefit by catering to specific industries

Coworking specializes to compete.

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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.

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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.

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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.

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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.

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All Aboard

In neighborhoods along the Expo Line, developers are racing to meet demand

Transit Projects Draw Developers

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The Real Estate Quarterly

Market-by-Market Highlights

Market-by-Market Highlights

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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