Los Angeles
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...
Newmark Announces Executive Team to Run the Business of Knotel, Post Acquisition
Newmark Group, Inc. (Nasdaq: NMRK) (“Newmark” or “the Company”), today announces that it has hired Michael Gross, Eric Gross and Yoav Gery as the executive team to lead...
Cynthia Parker Resigns from BRIDGE, Susan Johnson Appointed Interim President & CEO
SAN FRANCISCO, CA, March 23, 2021—Cynthia Parker, President and CEO of BRIDGE Housing, announced her resignation today for personal reasons. Ms. Parker has...
Air Freight Shipments Strong at Ontario Airport in February while Passenger Volume Remained Soft
ONTARIO, Calif., March 22, 2021 — Shipments of air freight continued to drive commercial activity at Ontario International Airport (ONT) in February, continuing to grow by...
Podcast: Mike Sroka, Co-Founder and CEO of Dealpath
Mike Sroka is the co-founder and CEO of San Francisco-based Dealpath, a company that describes itself as a platform that enables smarter deal management...
Suffolk Completes 1500 Granville, 153-Unit Mixed-use Residence for UCLA Medical Students
Completion of project provides an affordable and community-focused housing option for UCLA Medical House Staff and graduate students LOS ANGELES–Suffolk, one of the...
Columbia Property Trust Receives $2.2B Buyout Offer
NEW YORK—Arkhouse Partners LLC, AS8888 LLC, an entity of The Sapir Organization, and 8F Investment Partners Pte. Ltd., which together beneficially own approximately...
