Los Angeles
Waterford & CSCDA Acquire Oceanaire Apartments in Long Beach for $120MM
Newport Beach, CA (March 30, 2021) – A partnership of Waterford Property Company, a diversified real estate investment and development company, and the California...
$35MM in Construction-to-Permanent Financing Secured for The 1860 Apartments in LA’s Los Feliz Submarket
The Five-Story, 87-Unit Development Set to Deliver by Year End 2022 Los Angeles, Calif. (March 30, 2021) – Gantry, the largest independent commercial mortgage banking...
LA’s Koreatown Redevelopment Opportunity Sells for $2.9MM
JLL Capital Markets closed the $2.9 million sale of a covered land play with an existing storefront retail building in Koreatown NEWPORT BEACH,...
Intercontinental Real Estate Corp. Enters Los Angeles Industrial Market with $74MM Acquisition in Chatsworth
(EDITOR’S NOTE: According to public documents, the sale closed for $74 million, or just over $333 per square foot. The seller of the...
Thorofare Capital Closes $21.5MM Construction Loan for Van Nuys, California Self-Storage Facility
LOS ANGELES, March 25, 2021 — Thorofare Capital, Inc. (“Thorofare”), a nationwide commercial real estate lender and affiliate of alternative investment manager Thorofare...
LaSalle Investment Mgmt. Spends $74.4MM for Medical Office Building in Beverly Hills
Los Angeles, CA (March 25, 2021) — Newmark announces the $74.4 million ($1,496 per square foot) sale of a five-story medical office building located...
Penwood Raises $382MM for New Industrial Fund with Southern California One of Two Targeted Regions
By Jon Peterson West Hartford, Conn.-based Penwood Real Estate Investment Management continues to have its eye on the Southern California market. The firm just...
Simi Valley Industrial Property Sells for $5.9MM
Stan Johnson Company, one of commercial real estate’s leading investment sales brokerage firms, has completed a sale leaseback transaction for a two-story, Class...
Macerich Obtains $950MM Liquidity Position through Sale, Stock Offering and Credit Facility
SANTA MONICA, Calif., March 26, 2021 — Today, the Macerich Company (NYSE: MAC, the “Company”) announced certain major capital events and other updates. Through March 25,...
WeWork to Become Publicly Traded Via SPAC Merger with BowX Acquisition Corp.
WeWork’s platform and global network position the company as a leader in flexible space, ideally situated to serve the multi-trillion dollar office space...
Oaktree Closes Eighth Real Estate Opportunities Fund at $4.7B
LOS ANGELES–Oaktree Capital Management, L.P. (“Oaktree”) today announced the successful final close of Oaktree Real Estate Opportunities Fund VIII and related vehicles (“ROF...
The Harland Unveils 37 New Private Residences in West Hollywood
West Hollywood’s Most Exclusive Building Offers Upscale Penthouses and Townhomes Designed by Marmol Radziner LOS ANGELES, March 24, 2021 — Creating an unprecedented opportunity...
