Finance

5854 Articles

Montage International Acquires 317-Room Pendry San Diego from Robert Green Company for $147MM

Montage International has taken full ownership of a downtown luxury hotel it has operated since opening day, buying out developer The Robert Green...

Prime Residential Lands 132-Unit Palm Court Apartments for $51.25MM in LA’s Miracle Mile

A San Francisco-based multifamily owner has planted a deeper flag in one of Los Angeles' most supply-constrained neighborhoods, pairing a $51.25 million purchase...

Yamaha Markets 25-Acre, 279,000 SQFT Cypress Campus for Sale as It Exits California for Georgia

Yamaha Motor Corporation U.S.A. has tapped Avison Young to sell its 25-acre Cypress headquarters campus and will permanently close its finance division's facility...

Amber Hotel Company Lists 126-Room Ramada Suites in San Diego’s Hotel Circle for $11MM

Amber Hotel Company has listed the recently renovated, 126-suite Ramada Suites by Wyndham near San Diego's Hotel Circle for $11 million, or roughly...

Josh Kushner, Bob Iger Buy Los Angeles Lakers for Record $12.5B — Without the Arena They Play In

Venture capitalist Josh Kushner and former Disney chief executive Bob Iger have agreed to buy the Los Angeles Lakers from Mark Walter at...

L.A. Care Moves to Buy Defaulted $200MM Note on 730,000 SQFT West7Center, Turning Tenant Into Owner in Downtown LA

L.A. Care Health Plan, already the anchor tenant inside West7Center, has emerged as the exclusive bidder for the defaulted note on the Downtown...

Terreno Realty Acquires 36,000 SQFT Torrance Industrial Building for $14.7MM, Lands Maritime Drone Sensor Maker as Tenant

Terreno Realty Corporation has paid roughly $14.7 million for a fully leased distribution building near the 405 in Torrance and lined up a...

Robinson Pharma Buys 261,000 SQFT Irvine Warehouse for $75MM in City’s Largest Industrial Sale in Two Years

Santa Ana-based supplement manufacturer Robinson Pharma has closed its largest-ever real estate deal, a $75 million purchase of a 261,000-square-foot Irvine warehouse that...

Archway Capital Offers Border Commerce Center, 70,000 SQFT San Ysidro Industrial Park, for $19MM

Los Angeles-based Archway Capital has listed Border Commerce Center, a 51-suite multi-tenant industrial park minutes from the San Ysidro Land Port of Entry,...

±55,000 SQFT Mission Valley Office Building Lists for $14.96MM Sale-Leaseback at 7.75% Cap in San Diego

A San Diego owner-user is testing investor appetite for single-tenant office by offering a fully occupied ±55,196-square-foot building in Mission Valley at $14.96...

Harbor Associates Lists 187,000 SQFT Anaheim City Centre Office Tower for Sale in Downtown Anaheim

Harbor Associates has put Anaheim City Centre, the 10-story office tower it repositioned near downtown Anaheim's retail core, up for sale seven years...

TruAmerica Doubles Down on California Affordable and Workforce Housing, ‘Stickiest Category in the Country’

TruAmerica Multifamily, the Los Angeles-based apartment giant, is leaning harder into California affordable and workforce housing, with founder Bob Hart calling affordable the...