Los Angeles
Buyer Finds El Dorado in Sherman Oaks
El Dorado Villas condominium property is latest to be arranged by Berkadia in the L.A. market.
Land Deal Foreshadows Development Project in Hollywood
Mixed-use development set to take shape on recently traded Hollywood land parcel.
DEAL OF THE DAY: USC Student Housing Portfolio Switches Majors
Marcus & Millichap division completes sale of student housing portfolio near USC.
Hollywood Micro Apartments Tempt Investors
Hollywood apartment community acquired following George Smith Partners-arranged financing measure.
Berkadia Arranges Sale of Two L.A. Multifamily Assets
Two Koreatown apartment communities were sold with the help of Berkadia’s West Los Angeles office.
Southern California Multifamily Asset Sells for $78.5M
IPA, a division of Marcus & Millichap, has facilitated the sale of Promenade Terrace, a townhouse-style apartment community located in one of the Inland Empire’s most desirable submarkets.
Veranda at RiverPark Edges Community Closer to Completion
Presidio Residential Capital-funded community for KHOV breaks ground in Oxnard.
Santa Clarita Transit-Oriented Community Edges Closer to Reality
A look at JSB Development’s latest Los Angeles County transit-oriented development.
Balfour Beatty Completes Hollywood Mixed-Use Tower for Less than Expected
Balfour Beatty Construction recently announced that it has completed a high-end mixed-use tower in Hollywood at a considerably lower cost than was originally estimated. The company’s Southwest Division finished a project it had been developing for real estate and infrastructure investment firm CIM Group at a total cost of $76.2 million, roughly $12 million less than what was initially committed to the project. The change comes from the use of the contractor’s cast-in-place structures, as well as a re-design of the building’s mechanical, electrical and plumbing systems.
It Takes a Village: Restoring Santa Monica’s Civic Center
“Santa Monica moved towards that rare event in Los Angeles–a pedestrian-oriented place,” writes architect James Mary O’Connor.