Los Angeles
Long Beach Senior Affordable Community Finally Holds Groundbreaking
By Alex Girda, Associate Editor A major step was taken to ensure that an important residential development in Long Beach will have new life following a number of funding delays due to redevelopment legislation. However, the Ramona Park senior affordable housing development has managed to pull through and recently held a groundbreaking ceremony, confirming the […]
Mill Creek Residential Announces New Glendale Luxury Apartment Community
Located at 610, N, Central Avenue, the site will be the home of a new, six-story, mid-rise, high-end apartment structure, one of the first properties of its kind for the developer. Resident amenities will include an underground parking facility, a resort-style pool and spa, an around-the-clock fitness center and yoga facility, a resident clubroom featuring a kitchen and business center, as well as two rooftop decks offering views of the nearby Verdugo Mountains.
Miracle Mile Development Breaks Ground Under Favorable Circumstances
By Alex Girda, Associate Editor
BRE Properties recently broke ground on an 800,000-square foot mixed-use development at the corner of Wilshire Boulevard and La Brea Avenue. The $105 million project is situated just at the edge of the coveted Miracle Mile […]
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 […]
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 […]
CIM Group Kicks Off 22-Story Mixed-Use Hollywood Tower
By Alex Girda, Associate Editor A change is in store for the Hollywood skyline as CIM Group starts construction of the Sunset Gordon, a 22-story mixed-use tower. Located at the intersection of Sunset Blvd. and Gordon St., the project will feature 301 residential units, 39,538 square feet of office space, 13,056 square feet of ground […]
UBS Buys North Hollywood High-Rise Apartments for $74 Million
By Alex Girda, Associate Editor In a $74 million deal, a fund controlled by UBS Inc. has acquired the 180-unit NoHo 14 apartment complex in North Hollywood. NoHo 14 fetched $15 million more than it did in its previous transaction in June 2010, when it was acquired in an REO sale by a joint venture […]
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