Los Angeles
West Hollywood Tops Nation at $8,200 as Southern California Claims Most of America’s Priciest Single-Family Rental Markets
Southern California’s coastal enclaves have tightened their grip on the top of the U.S. single-family rental market, with West Hollywood posting the highest...
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...
Pier Rock Forecloses on 100-Unit Lido Apartments in Hollywood, Takes Title Backed by $14.5MM Prime Finance Loan
A Mill Valley-based investor bought the defaulted note on the Hollywood building featured in the Eagles’ Hotel California artwork, foreclosed on it and...
Landes Group Affiliate Buys Studio City Bank of America Building for $12.72MM, 26% Below Its 2014 Price
A Dallas-based net-lease investor has acquired the long-standing Bank of America branch at 12223 Ventura Boulevard in Studio City for $12.72 million, closing...
AMLI Plans 975-Unit Second Act at 100 West Walnut, Razing Parsons’ Former Pasadena Headquarters
Weeks after Parsons Corporation’s lease on its former Old Pasadena headquarters ran out, AMLI Residential has moved to demolish the 12-story tower it...
The Truck Yard Grows Up: How Industrial Outdoor Storage Became Institutional Real Estate’s Hottest Bet
A decade after a favor for a friend in the crane business pulled Alterra Property Group into the fragmented world of truck yards...
Hollywood Burbank Airport’s $1.3B Elevate BUR Terminal Enters Home Stretch Ahead of October Opening
With crews shifting from steel and structure to systems and interior finishes, the Burbank-Glendale-Pasadena Airport Authority is now three months from opening a...
Deutsche Bank Syndicate Moves to Sell Hackman’s Television City in Los Angeles as Debt Hits $357MM
A lender group led by Deutsche Bank has filed a notice of default on Hackman Capital Partners’ Television City studio in Los Angeles,...
Greystone and Cap Pointe Clinch $104.5MM Muni Bond for 465-Unit SoLa Impact Section 8 Portfolio in Los Angeles
Greystone and Cap Pointe Advisors steered SoLa Impact through the first publicly rated municipal bond financing backed by Section 8 housing, unlocking $104.5...
Private Investor Buys 52-Unit Fairview Heights Apartment Portfolio in Inglewood for $12.375MM
Four aging apartment buildings clustered along a single Inglewood block traded for $12.375 million to a private local investor, a bet that rental...
Veritas Investments Shops 671-Unit, 29-Asset Westside Los Angeles Multifamily Portfolio for Sale or Recapitalization
Veritas Investments has placed a 29-building, 671-unit apartment portfolio spanning Santa Monica, West Hollywood, Venice, Culver City and Redondo Beach on the market,...
PwC’s Exit From 601 Fig Tests Uncommon Developers’ $148MM Loan on 1MM-SQFT Downtown L.A. Tower
PricewaterhouseCoopers will vacate 114,000 square feet at Downtown Los Angeles’ 601 S. Figueroa Street in 2028 for a 150,000-square-foot lease in Century City,...
