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$100 Million Residential Development Slated for Little Tokyo

$100 Million Residential Development Slated for Little Tokyo

By Alex Girda, Associate Editor With the acquisition of a 1.74-acre lot in L.A.’s Little Tokyo, Irvine-based developer Sares-Regis is moving ahead with its new residential development. The company intends to build a 240-unit premium multifamily community on the site as [...]…

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San Fernando Valley Apartment Community Awaiting New Owner

San Fernando Valley Apartment Community Awaiting New Owner

By Alex Girda, Associate Editor Marcus & Millichap/Institutional Property Advisors is currently marketing a North Hollywood multifamily property for approximately $30 million. The Marquee Apartments is a residential community in the eastern part of the San Fernando Valley community of North [...]…

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San Fernando Valley Apartment Community Awaiting New Owner

San Fernando Valley Apartment Community Awaiting New Owner

By Alex Girda, Associate Editor Marcus & Millichap/Institutional Property Advisors is currently marketing a North Hollywood multifamily property for approximately $30 million. The Marquee Apartments is a residential community in the eastern part of the San Fernando Valley community of North Hollywood, at 12300 Sherman Way. The team that is…

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Wood Partners Restarts 290-Unit High-Rise in Downtown L.A.

Wood Partners Restarts 290-Unit High-Rise in Downtown L.A.

By Alex Girda, Associate Editor Low construction costs and growing demand in all housing segments are helping multi-family projects in Los Angeles escape from development limbo. Among the latest is a 290-unit Downtown high-rise planned by Wood Partners and stalled since [...]…

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Wood Partners Restarts 290-Unit High-Rise in Downtown L.A.

Wood Partners Restarts 290-Unit High-Rise in Downtown L.A.

By Alex Girda, Associate Editor Low construction costs and growing demand in all housing segments are helping multi-family projects in Los Angeles escape from development limbo. Among the latest is a 290-unit Downtown high-rise planned by Wood Partners and stalled since 2008. Wood is positioning the property to attract young…

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Caruso Launches $32M Mixed-Use Complex in West L.A.

Caruso Launches $32M Mixed-Use Complex in West L.A.

By Alex Girda, Associate Editor Caruso Affiliated  has started construction of 8500 Burton Way, a mixed-use development at the corner of Burton Way and La Cienega Boulevard in West Los Angeles. The $32 million project will consist of 88 luxury apartment [...]…

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Caruso Launches $32M Mixed-Use Complex in West L.A.

Caruso Launches $32M Mixed-Use Complex in West L.A.

By Alex Girda, Associate Editor Caruso Affiliated  has started construction of 8500 Burton Way, a mixed-use development at the corner of Burton Way and La Cienega Boulevard in West Los Angeles. The $32 million project will consist of 88 luxury apartment units, plus a 14,000-square-foot Trader Joe’s and a coffee…

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Toll Brothers Plans High-End Community in Lake Forest

Toll Brothers Plans High-End Community in Lake Forest

By Alex Girda, Associate Editor As luxury locations go, you can’t go much higher than Orange County, Calif., an area whose wealth has been represented in countless movies and TV shows. The high-end lifestyle here has apparently stimulated the imagination of luxury home builder [...]…

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Toll Brothers Plans High-End Community in Lake Forest

Toll Brothers Plans High-End Community in Lake Forest

By Alex Girda, Associate Editor As luxury locations go, you can’t go much higher than Orange County, Calif., an area whose wealth has been represented in countless movies and TV shows. The high-end lifestyle here has apparently stimulated the imagination of luxury home builder Toll Brothers, Inc., which has just snapped up the…

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Kennedy Wilson Snaps Up West Covina M-F Complex for $44M

Kennedy Wilson Snaps Up West Covina M-F Complex for $44M

By Alex Girda, Associate Editor Kennedy Wilson has acquired Torrey Pines, a 251-unit apartment community in West Covina, for $43.7 million. Kevin Hart, president of the firm’s multi-family group, explained that the property’s position as “the newest market-rate apartment community in the [...]…

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Kennedy Wilson Snaps Up West Covina M-F Complex for $44M

Kennedy Wilson Snaps Up West Covina M-F Complex for $44M

By Alex Girda, Associate Editor Kennedy Wilson has acquired Torrey Pines, a 251-unit apartment community in West Covina, for $43.7 million. Kevin Hart, president of the firm’s multi-family group, explained that the property’s position as “the newest market-rate apartment community in the city,” combined with a dearth of new product in…

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Agoura Hills Retail, L.A. Office Complex Draw Investors

Agoura Hills Retail, L.A. Office Complex Draw Investors

By Alex Girda, Associate Editor A recently completed Agoura Hills retail complex developed and owned by Adler Realty Investments was recently snapped up by Walnut Creek-based Loja Group for $21.3 million, or $588 per square foot. The transaction was arranged by May Realty Advisors, rentv.com reported. The center’s 36,200 square…

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