Finance
CIM Group Acquires 166-Unit Domain WeHo Apartments in West Hollywood
CIM Group, teaming with Japan’s Hulic Co., Ltd., has purchased Domain WeHo, a 166-unit luxury apartment community on Santa Monica Boulevard, in a...
Prime Residential Acquires 132-Unit Palm Court Apartments for $51.25MM in Los Angeles’ Miracle Mile
San Francisco-based Prime Residential has landed a fully renovated Miracle Mile apartment complex for $51.25 million, betting on the durability of rents in...
CalPERS Notches 14.8% Return as Real Assets Lag the Rally at 6.3%, Portfolio Swells to $637B
The nation's largest public pension fund rode a soaring stock market to its best investment year in more than a decade, but its...
Elysian Housing and Capstone Equities Buy 2.7-Acre Warner Center Site From Zenith Insurance for $14MM to Build 316-Unit Affordable Community
An insurance company’s corner parcel in the fast-changing Warner Center district of Woodland Hills has traded to an affordable housing partnership that plans...
Fully Entitled 53-Unit Condominium Site at 185 Monterey Rd Hits South Pasadena Market at $8MM
A 1.26-acre parcel on Monterey Road carrying a June 2026 tract map approval for 53 condominiums has been offered at $8 million, pricing...
Shomof Group Lists 122-Unit Premiere Towers in Downtown Los Angeles as Ready-Made Condo Sell-Off, Priced Below Replacement Cost
Shomof Group has put Premiere Towers, the 122-unit mixed-use tower it has held on Spring Street since the early 1990s, on the market...
Southern California Retail Dollar Volume Jumps 61.8% to $3.52B in H1 2026 Even as Square Footage Traded Falls 27.7%
Buyers and sellers of Southern California retail property have finally found each other on price, and the result is a first half in...
Port of Long Beach Targets 227,000 SQFT 100 Oceangate Tower Written Down 47% to $24.9MM by County Assessor
Los Angeles County has slashed the taxable value of 100 Oceangate by nearly half, an official verdict on downtown Long Beach’s office collapse...
Slatkin Brothers’ $280MM Loan on 327-Key Santa Monica Hotel Duo Lands in Special Servicing
The $280 million securitized mortgage backing Shutters on the Beach and Hotel Casa del Mar has been transferred to special servicer LNR Partners...
Westport Properties Delivers 183,000 SQFT, 1,402-Unit Self-Storage Project in Covina on $8MM Former Church Site
Newport Beach-based Westport Properties has completed a four-story self-storage building at 529 Cutter Way in Covina, converting a former Faith Community Church of...
G.H. Palmer Associates Lists 760-Unit Summit at Warner Center in Woodland Hills, One of LA’s Largest Apartment Offerings
Billionaire developer Geoffrey Palmer has put Summit at Warner Center on the block, a 43-acre, 760-unit garden apartment community in Woodland Hills that...
Former Pacific Beach IHOP on 22,000 SQFT Coastal Parcel Sells for $8MM, Clearing Way for Multifamily Redevelopment
A private buyer has paid $8 million for the shuttered IHOP one block from the sand in Pacific Beach and intends to demolish...
