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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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Shopoff Group’s Uptown Newport Village Poised to Break Ground

Shopoff Group’s Uptown Newport Village Poised to Break Ground

The Shopoff Group expects to begin construction this month on a new luxury development called Uptown Newport Village in Newport Beach, Calif.…

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Meta Housing Corp. Developing Seniors Housing in Compton

Meta Housing Corp. Developing Seniors Housing in Compton

Meta Housing Corporation details its development of Metro @ Compton Senior Apartments, a 75-unit, sustainably-designed and transit-oriented affordable multifamily community for seniors aged 55 and older.…

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Crowdfunding for LA Apartments Completed

Crowdfunding for LA Apartments Completed

Realty Mogul completes crowdfunding for the acquisition of a group of multifamily properties in Los Angeles. The buildings total 141 apartment units in the Baldwin Hills neighborhood. …

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AMCAL Announces Completion of Santa Ana Special Needs Community

AMCAL Announces Completion of Santa Ana Special Needs Community

A new 41-unit community offering affordable housing for those with physical and developmental disabilities has reached full occupancy. …

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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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