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The Wolff Company Develops Mixed-Use Community in L.A.’s South Park District

The Wolff Company Develops Mixed-Use Community in L.A.’s South Park District

A new community is nearing its official groundbreaking, with The Wolff Company currently set to start work on its latest mixed-use project. Poised to take shape in downtown Los Angeles, the 12th & Olive development is a $54 million project on which developer The Wolff Company is working with TCA…

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Colliers Arranges Land Deal for The Olson Company, New Residential Development Set-up in Temple City

Colliers Arranges Land Deal for The Olson Company, New Residential Development Set-up in Temple City

A parcel of land that formerly housed in industrial facility in Temple City in the San Gabriel Valley is set to be transformed into a new housing community by Orange County-based The Olson Company. The home builder recently acquired the land parcel with the help of real estate firm Colliers…

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West Los Angeles Office Market Catches Attention of Sunrise Real Estate Group

West Los Angeles Office Market Catches Attention of Sunrise Real Estate Group

A West LA office building was recently acquired for a reported fee of approximately $39 million. The off-market transaction was completed by a partnership consisting of Sunrise Real Estate Group with Robhana Group and 4M Investment Group who picked up the property from seller TPMC Realty Corp. Newmark Grubb Knight…

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Local Construct Breaks Ground on Innovative Housing Concept in Echo Park

Local Construct Breaks Ground on Innovative Housing Concept in Echo Park

A new housing development project in Los Angeles’ Echo Park recently held a ground-breaking event, celebrating the innovative concept tackled by the project. Los Angeles-based Local Construct has started work on its Blackbirds micro-neighborhood. The community will be located on a site that formerly housed five rundown cottages in Echo…

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New Affordable Housing Community by Affirmed Housing Group Holds Opening Ceremony

New Affordable Housing Community by Affirmed Housing Group Holds Opening Ceremony

A brand new affordable housing complex recently held an official grand opening recently in the presence of a number of local officials and backers. The Lotus Garden Apartments is Affirmed Housing Group’s latest affordable residential complex project in the L.A. metro area. The ceremony was attended by Councilman Gilbert A.…

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ALTO Real Estate Funds Completes Moreno Valley Retail Acquisition to Start New Investment Fund

ALTO Real Estate Funds Completes Moreno Valley Retail Acquisition to Start New Investment Fund

ALTO Real Estate Funds has started its second investment vehicle in the American market with a retail purchase in Moreno Valley, CA. The New York-based private equity real estate investment company has closed on the purchase of the TownGate Center for a fee of $47.2 million. The property will be…

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Brentwood Capital Partners Sells Iconic Citizen News Building in Hollywood

Brentwood Capital Partners Sells Iconic Citizen News Building in Hollywood

A historic Los Angeles office building was the object of one of the most recent real estate transactions to take place in the city. Buyer SE Edinger LLC paid a fee of $14.5 million for the Hollywood property. The property was sold by Brentwood Capital Partners, a full service real…

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TODAY’S DEALS: Bascom Nabs 138-Unit Apartment Community in SoCal

TODAY’S DEALS: Bascom Nabs 138-Unit Apartment Community in SoCal

The Bascom Group acquires a 138-unt apartment community; Charles Dunn completes a $2.7 million sale in L.A.'s Westwood submarket; and Centerline Capital arranges $4 million Fannie Mae financing for an acquisition in the Boston area. …

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Oprah Winfrey Network Signs Lease for CIM Group-Owned Office Building at The Lot

Oprah Winfrey Network Signs Lease for CIM Group-Owned Office Building at The Lot

Oprah can always make headlines by just appearing somewhere, but this time, her company, Oprah Winfrey Network is the one in the news. OWN recently completed a leasing deal for a large chunk of space in a new office facility developed by local real estate company, CIM Group.…

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One Santa Fe, Arts District’s Crown Jewel is Nearing Completion

One Santa Fe, Arts District’s Crown Jewel is Nearing Completion

One of the projects that marked a new uptick in development for Los Angeles is just months away from coming to the market. The One Santa Fe mixed-use development, featuring the backing of real estate company Canyon Capital Realty Advisors, will remodel an area of downtown L.A. The project, whose…

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CBRE Team Arranges Sale of Large Inland Empire Retail Center for $42 Million

CBRE Team Arranges Sale of Large Inland Empire Retail Center for $42 Million

The Inland Empire recently saw a large retail transaction completed when a Moreno Valley Property was acquired for a fee of approximately $42 million. TownGate Center was sold on behalf of the owning entity, a partnership between Walton Street and Fritz Duda Company, by a team headed by CBRE Senior…

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SL Green Sells Stake in SoCal Office Portfolio as Los Angeles Office Market Shifts Away from Downtown

SL Green Sells Stake in SoCal Office Portfolio as Los Angeles Office Market Shifts Away from Downtown

The ownership structure of a major office portfolio recently suffered some changes after New York City-based SL Green Realty Corp. announced that it had sold its stake in a Southern California portfolio to an affiliate of its joint venture partner. SL received $100 million from an entity linked to Blackstone…

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