News - Los Angeles

  • Century West Partners Completes NEXT on Sixth in LA

    Century West Partners is a joint venture of Fifield Cos. and Cypress Equity. NEXT on Sixth marks the second recently completed development of the joint venture in Koreatown.

    08 November 2017 17:50
  • Suburban LA Community Sells for $20M

    Marcus and Millichap brokered the sale of Villa Hermosa Apartments in Norwalk, Calif. The sale marks the largest non-institutional multifamily transaction in the suburban city.

    07 November 2017 15:05
  • New Luxury Community Opens in Tarzana, CA

    The 57-unit luxury Residences at Village Walk, developed by Sinanian Development, is now open. Moss & Co. will manage the property located at Yolande Avenue.

    31 October 2017 16:57
  • IPA Arranges $57M Sale of Luxury CA Community

    A private investor based in China acquired Luxe, a 131-unit community in Pasadena, Calif. IPA represented the seller, Amcal Equities, and procured the buyer.

    31 October 2017 16:30
  • $54M Hollywood Development Breaks Ground

    Essex Property Trust, together with McCormick Construction, broke ground on the Sunset Boulevard mixed-use development. The project includes 200 residential units and 4,678 square feet of retail space.

    30 October 2017 14:33
  • San Fernando Valley Apartments Sell for $42M

    Ambrus Co. sold a 207-unit, three-property apartment portfolio to Lion Real Estate Group. The acquisition was sourced off-market from a Los Angeles-based private investor who developed the assets 40 years ago.

    26 October 2017 13:10
  • Asian Investors Flock to Downtown LA

    Mega-luxury projects are taking shape in the area, helping revitalize the city. But some executives at the 2017 ULI Fall Meeting expressed concern about the potential for oversupply.

    24 October 2017 20:24
  • Luxury Downtown LA Community Debuts

    4D Development & Investment’s 115-unit property on Grand Avenue will be managed by Moss & Co.

    20 October 2017 13:51
  • IPA Arranges $39M Refi for Playa Del Rey Apartments

    The borrower, a repeat client of IPA, received the loan structured with a full 10-year term, interest-only, at a rate of 3.8 percent.

    17 October 2017 13:51
  • Burbank Gets First Industrial Area TOD

    Newman Garrison + Partners will design the high-profile project in Burbank, Calif. The apartment community targeted towards Millennials will feature market-rate and affordable units.

    11 October 2017 11:47
  • Berkadia Completes $35M Sale in SoCal

    Metro 102 Apartments, an affordable apartment community in Ontario recently changed hands for $35 million. The purchase was capitalized primarily with foreign investment money.

    10 October 2017 14:39
  • Legacy Partners Kicks Off LA-Area Marina Renovations

    The company started the $65 million revamping of the 379-unit Wayfarer Apartments + Marina at the beginning of 2016. The current phase is slated for completion by early 2019.

    10 October 2017 08:55
  • Marina Arts District Grows With $100M Development

    Dubbed G8, the project will be one of the area’s largest multifamily communities. California Landmark Group’s development is located in a former Marina del Rey industrial zone and is scheduled for 2019 completion.

    09 October 2017 14:59
  • Berkshire Group Expands its LA Portfolio

    The company has purchased its third asset in Los Angeles. The property located in the Koreatown neighborhood has been renamed as Berkshire K2LA.

    09 October 2017 13:38
  • KTGY Designs LA Container-Based Homeless Housing

    Aedis Real Estate Group's Hope on Alvarado is the first in a series of area developments using shipping containers as a primary building material. The community will provide support services for people transitioning from homelessness.

    02 October 2017 15:55