Los Angeles
Welltower Acquires 339-Unit Variel Senior Living Community in Woodland Hills for $230MM from Harbert South Bay
Toledo-based Welltower deepened its multibillion-dollar push into senior living with the $230.28 million purchase of a three-year-old Woodland Hills community, a deal that...
Schrager and Scheetz Land $116.5MM Bridge Refinance for 137-Room Public West Hollywood Hotel
The bridge package from Driftwood Capital and Benefit Street Partners retires a 2024 construction loan as Ian Schrager and Ed Scheetz push to...
Strauss Investments Buys 157,000 SQFT Valencia Office Campus for $32MM
Strauss Investments pays $204 per square foot for the two-building Valencia campus, just under what Harbor Associates paid to acquire it in 2018....
Hourglass Cosmetics Leases 19,000 SQFT at Pacific Design Center’s Red Building in West Hollywood
Unilever Prestige-owned luxury makeup brand Hourglass Cosmetics has signed a new six-year lease for 18,500 square feet at Cohen Brothers Realty's Red Building,...
Grindr Renews 15,000 SQFT Headquarters at Pacific Design Center’s Red Building in West Hollywood
Dating and social networking company Grindr has renewed its 14,500-square-foot headquarters at Cohen Brothers Realty's Red Building, one of seven leases the landlord...
Blackstone, Hudson Pacific Secure 15-Month Extension on $1.1B Hollywood Studio Loan Anchored by Netflix
Lenders on the Blackstone and Hudson Pacific Properties Hollywood studio-and-office portfolio have finalized a loan modification that buys the sponsors 15 more months,...
DivcoWest Sells 542,000 SQFT Glendale Plaza to Sunny Hills for $70MM at 61% Discount
San Francisco-based DivcoWest sold the 24-story Glendale Plaza office tower to an entity tied to West Covina's Sunny Hills Management Co. for roughly...
West Covina and El Cajon Malls Anchor $437MM Starwood Portfolio Back in Special Servicing
The Starwood Regional Mall Portfolio, whose Southern California holdings include Plaza West Covina in the San Gabriel Valley and Parkway Plaza in El...
Borstein Enterprises Lands $72.5MM Refinancing on 507,000 SQFT Alameda Business Centre in Los Angeles
The longtime owner tapped Bank of America for fresh debt on a four-building industrial campus it has held since developing the site nearly...
Archway Markets 75,000 SQFT Hollywood Creative Office at 1800 Vine for $45MM
The three-story creative office compound near the Capitol Records Building — which Archway bought for about $20 million a decade ago and reimagined...
Residence Inn LAX Appraisal Plunges 45% to $45.5MM as 231-Key Hotel Heads Toward Note Sale
A fresh $45.5 million valuation on the 231-key Residence Inn by Marriott near Los Angeles International Airport has wiped out nearly half the...
Juanita’s Foods Acquires 120,000 SQFT Santa Fe Springs Plant in Big 4 Alliance’s First Deal
An 80-year-old menudo maker is buying its next factory outright in Santa Fe Springs, handing a fledgling four-city industrial alliance the first closed...
