Residential
KB Home Clinches Approval for 108 For-Sale Townhomes on Von Karman Office Site in Irvine
The Irvine Planning Commission has cleared KB Home to raze an aging office building on Von Karman Avenue and build 108 for-sale townhomes,...
Costa Mesa Council Approves 2,300 Homes at Former Fairview Developmental Center, Scaling Back 4,000-Unit Plan
The Costa Mesa City Council unanimously approved a land-use plan for the shuttered Fairview Developmental Center that clears the way for 2,300 homes...
Decron Properties Lands 163-Unit 5550 Wilshire in LA’s Miracle Mile for $114MM
Decron Properties broke a nearly two-year acquisition pause to buy the 2010-built luxury community from Boston-based GID, betting that irreplaceable Miracle Mile real...
San Diego Approves Amended $255MM Deal to Convert Troubled 101 Ash Tower into 249 Affordable Units, Rebranded 107 Ash Street
The San Diego City Council amended its ground lease with developer 101 Ash Venture LP to advance the $254.7 million conversion of the...
Lennar Leans on Rate Buydowns to Keep Buyers Qualifying as Affordability Bites
Lennar is engineering affordable monthly payments through rate buydowns, closing-cost help and an 83 percent mortgage-capture rate to keep buyers in the door,...
Self-Help Ventures Fund, LA Más Buy 31-Unit Glassell Park Property for $6.04MM
A 31-unit apartment property in Glassell Park has sold for $6.04 million to a nonprofit partnership planning to keep the buildings affordable for...
$14.8MM Construction Loan Secured for 24-Unit Arcadia Condo Project at 85% LTC
A developer building 24 condominiums in one of the San Gabriel Valley's tightest for-sale housing markets has locked in construction debt at a...
Tailwind Investment Group Acquires 62-Unit Tremont Street Apartments in Avalon on Santa Catalina Island for $8.64MM
Marcus & Millichap brokered the sale of a 62-unit affordable housing complex on Santa Catalina Island, threading a ground lease, a HUD-subsidized rental...
ParkTerra and JEN Partners Offer AXIS, a Fully Entitled 277-Townhome Site on 13.34 Acres Beside Angel Stadium in Anaheim
ParkTerra and JEN Axis HoldCo are marketing one of Orange County's largest for-sale housing sites in years, a fully entitled 277-townhome development in...
San Bernardino County Housing Authority Sells 156-Unit Sunrise Vista Apartments for $12.1MM in Barstow
CBRE brokers HACSB's $12.1MM sale of the 156-unit Sunrise Vista Apartments in Barstow to fund housing elsewhere in the county.
IMT Residential to Convert Landmark Sunkist Headquarters in Sherman Oaks Into 95 Apartments
The vacant international headquarters of citrus cooperative Sunkist Growers, empty for more than a decade and newly designated a Los Angeles landmark, is...
Institutional Money Made Student Housing a Core Asset, and Southern California Is Underbuilt for It
Blackstone, KKR and Greystar have turned purpose-built student housing into an institutional asset class, and the supply-starved blocks around USC, UCLA and San...
