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Los Angeles Apartment Communities Trade Hands as M West Expands Portfolio

Los Angeles Apartment Communities Trade Hands as M West Expands Portfolio

The local multifamily market has had a good start to 2014, with a number of deals taking place since the beginning of the year. Recently, real estate investment services firm announced that it had arranged the sale of a three-multifamily property portfolio in the Santa Monica submarket of Los Angeles.…

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AvalonBay Developing Multi-Generational, Mixed-Use Apartment in West Hollywood

AvalonBay Developing Multi-Generational, Mixed-Use Apartment in West Hollywood

AvalonBay teams up with architects MVE & Partners Inc. on a multi-generational, mixed-use infill development in West Hollywood comprised of two market-rate buildings and an age-restricted building. …

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Inland Empire Power Center Trades Hand in $49 Million Deal Arranged by HFF

Inland Empire Power Center Trades Hand in $49 Million Deal Arranged by HFF

An Inland Empire retail property traded hands recently, with Holiday Fenoglio Fowler announcing that it had closed a deal for an asset located in Jurupa Valley. The leading provider of commercial real estate and capital markets services completed the acquisition of the Vernola Marketplace by a joint venture consisting of…

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Phoenix Realty Group Adds Two to West Coast Operations

Phoenix Realty Group Adds Two to West Coast Operations

Phoenix Realty Group has bolstered its Los Angeles office with the hiring of real estate vets R. Alex Saunders and Leslie Stephens.…

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Kennedy Wilson is New Owner of Victory Plaza and Multifamily Site in North Hollywood After Purchasing $30 Million of Debt

Kennedy Wilson is New Owner of Victory Plaza and Multifamily Site in North Hollywood After Purchasing $30 Million of Debt

Kennedy Wilson, an international real estate investment and services firm, recently expanded its retail portfolio with a Los Angeles grocery-anchored property. The company is the new owner of Victory Plaza, a North Hollywood retail center, as well as a development site that has all the papers in place for a…

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Partnership Between Centennial and Lincoln Completes its Fifth Acquisition with $20 Million Santa Monica Buy

Partnership Between Centennial and Lincoln Completes its Fifth Acquisition with $20 Million Santa Monica Buy

One of the most high-profile shopping locations in Santa Monica is set to be given a boost as a recent deal was recently completed for one of its anchor properties. A joint venture between Lincoln Property Company and Centennial Real Estate has moved on the market to acquire a retail…

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TODAY’S DEALS: George Smith Partners Secures $70M Cash-Out Refinance for Downtown LA Property

TODAY’S DEALS: George Smith Partners Secures $70M Cash-Out Refinance for Downtown LA Property

George Smith Partners provided financing for the takeout of a maturing construction debt; and Edgewood Capital supplies $2.15M for acquisition of non-performing loan.…

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Condo Prices Up in Three Major West Coast Markets

Condo Prices Up in Three Major West Coast Markets

Condo prices increased significantly in downtown Seattle, Los Angeles, and San Francisco over the past year according to a recent report by The Mark Co.…

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La Kretz Innovation Campus in Cleantech Corridor Secures Final Part of Financing, Set to Open in 2015

La Kretz Innovation Campus in Cleantech Corridor Secures Final Part of Financing, Set to Open in 2015

An initiative that is set to reignite the tech sector in L.A. recently received the go-ahead as financing for the project is finally in place. Thanks to the U.S. Bank, the La Kretz Innovation Campus is now closer to reality as the last piece of the financial puzzle has been…

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Record-Breaking Land Deal Completed in Central L.A., Set to Become the Site of New LEED-Certified Industrial Complex

Record-Breaking Land Deal Completed in Central L.A., Set to Become the Site of New LEED-Certified Industrial Complex

The Los Angeles real estate market recorded a milestone recently as the largest land deal in over a decade in the central area of the city was completed when Pacific Industrial, LLC acquired a large plot of land from the City of Bell. The purchase was announced by the local…

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Los Angeles Hotels Trade Hands to Chinese Investors

Los Angeles Hotels Trade Hands to Chinese Investors

Southern California seems to be the perfect hospitality market for Chinese investors as two recent hotel deals were made by different companies entering the city’s real estate market. Chinese real estate developer Hazens Investment completed the acquisition of the Sheraton Gateway Los Angeles Hotel for a fee of $96 million,…

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Hines REIT Agrees to Purchase the Howard Hughes Center from Blackstone Group

Hines REIT Agrees to Purchase the Howard Hughes Center from Blackstone Group

With 2013 all but over, the Los Angeles real estate market looks set to end the year with a huge headliner as one of the largest office asset acquisitions that the city has seen this year is set to take place. The media has been buzzing over the past week…

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