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Brandywine Homes Expands in Richard Nixon’s Childhood Neighborhood

Brandywine Homes Expands in Richard Nixon’s Childhood Neighborhood

Yorba Linda just received an added dose of luxury as the city’s newest townhome community recently held a grand opening. Developer Brandywine Homes unveiled its latest completed residential project in Orange County, adding a 51-unit urban infill community in the proximity of the Richard Nixon Presidential Library and Museum.…

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Foremost Communities Changes Direction and Name with SoCal Retail Acquisition

Foremost Communities Changes Direction and Name with SoCal Retail Acquisition

The changing real estate landscape is challenging investment companies to alter their strategies and even diversify their portfolios. Foremost Companies is one such entity. The company recently completed the acquisition of two adjacent shopping centers in Diamond Bar, for a purchase total of around $23 million.…

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Successful Repositioning Project Nets Record-Setting Price

Successful Repositioning Project Nets Record-Setting Price

An extensive renovation process recently resulted in the record-setting sale of a commercial asset near the CBS Television City. The Souferian Group just netted $19.6 million in the offloading of the office property at 8075 W. 3rd Street to buyer Continental Development Inc.…

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Sunbelt Shedding Inventory at a Fast Pace in SoCal

Sunbelt Shedding Inventory at a Fast Pace in SoCal

Last year, Sunbelt Enterprises LLC orchestrated an initiative to move a substantial amount of its commercial real estate portfolio. The company started by naming Robert Griffith and Rick Scheckter, both Executive Managing Directors with NGKF Capital Markets, in charge of that effort. Since then, Sunbelt has completed the sale of…

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NAI Capital Closes Sale on Retail Asset in Inland Empire

NAI Capital Closes Sale on Retail Asset in Inland Empire

The former Mervyn’s building at Ridgecrest Town Center in the city of Ridgecrest is under new ownership. The retail asset was acquired from China Lake 700, LLC by Newport Coast-headquartered investor El Rey Properties, LLC.…

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Thomson and tommie Further Expand Hollywood’s Hospitality Pipeline

Thomson and tommie Further Expand Hollywood’s Hospitality Pipeline

As the city’s population continues to grow, and its core continues its extensive revamp, L.A.’s hospitality market is matching that growth with consistent gains in terms of ADR and occupancy over the past twelve months. The city’s development pipeline is shouldering a large chunk of the weight add by new…

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Westside Los Angeles Community Refinanced As Market Adjusts to Influx of New Inventory

Westside Los Angeles Community Refinanced As Market Adjusts to Influx of New Inventory

A multifamily located at a meeting point between the Palms, Mar Vista and West L.A. was recently involved in a refinancing worth a total of $31.8 million. Oak Grove Capital Vice President Levi Brooker was the originator of the loan, acting on behalf of the owner of the Westwood…

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TODAY’S DEALS: Olympus Snaps Up ‘Rare’ Phoenix Opportunity

TODAY’S DEALS: Olympus Snaps Up ‘Rare’ Phoenix Opportunity

An investor buys next to Arizona's "best kept secret," and CityView completes a hat-trick of L.A. sales. Also, Hamilton Point acquires a property at well-below replacement cost.…

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TODAY’S DEALS: J&B Asset Management Grabs a ‘Commuter’s Haven’

TODAY’S DEALS: J&B Asset Management Grabs a ‘Commuter’s Haven’

Close proximity to five highways and a rail station are nice selling points; a mortgage bank increases cash flow with a refinance in California. …

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IHG to Open Indigo Hotel in Greenland’s DTLA Metropolis Development

IHG to Open Indigo Hotel in Greenland’s DTLA Metropolis Development

Greenland USA is adding a new hotel to its offering at the Metropolis mixed-use development in downtown Los Angeles. The company, a subsidiary of Greenland Group in Shanghai, has announced that it has inked an agreement with InterContinental Hotels Group for the opening of the city’s first Indigo-branded hotel. The…

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IHG to Open Indigo Hotel in Greenland’s DTLA Metropolis Development

IHG to Open Indigo Hotel in Greenland’s DTLA Metropolis Development

Greenland USA is adding a new hotel to its offering at the Metropolis mixed-use development in downtown Los Angeles. The company, a subsidiary of Greenland Group in Shanghai, has announced that it has inked an agreement with InterContinental Hotels Group for the opening of the city’s first Indigo-branded hotel. The…

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Buena Park Auto Center Adds Tesla Motors as Electric Car Manufacturer Expands

Buena Park Auto Center Adds Tesla Motors as Electric Car Manufacturer Expands

Tesla Motors is definitely what you call a company on the up. The Elon Musk-led entity has grown in recent years to a point where their unveilings carry the weight of an Apple keynote. Faced with the need to expand, the company recently sealed an agreement for a dealership space…

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