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Pasadena Sign and Palm Tree
AECFinanceIndustry NewsLos AngelesResidential

Capstone and Elysian Land $75MM Citibank Construction Loan to Convert Pasadena’s ZK Plaza into 133 Affordable Units

The day the Capstone Equities and Elysian Housing partnership took title to East Pasadena's ZK Plaza, it also recorded a Citibank construction loan...

Los Angeles California Golden hour
CommercialFinanceIndustry NewsLos AngelesResidential

Jamison Properties Buys 160,000 SQFT LA World Trade Center Site for $53.2MM, Locking In Basis for 512-Unit Downtown Conversion

Jamison Properties paid $53.2 million for the 3.68-acre LA World Trade Center property at 350 S. Figueroa St., a deal Kidder Mathews classified...

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CommercialLos AngelesResidential

East Pasadena’s ZK Plaza Office Building Sells for $13.4MM Ahead of 133-Unit Affordable Housing Conversion

An affordable housing developer plans to turn a 1960s East Pasadena office building and its parking lot into 133 apartments, and the site...

8209 North Sepulveda Boulevard View via Office42
AECIndustry NewsLos AngelesResidential

LA Family Housing Turns 1950s Panorama City Motel Into $57MM, 90-Home Supportive Complex Without Tax Credits

LA Family Housing and its development affiliate LAFHBUILDS have delivered The Pano, a roughly $57 million permanent supportive housing community that nearly doubles...

Downtown Los Angeles at Twilight
CommercialFeaturedFinanceIndustry NewsLos Angeles

Owner-Users and Conversions Pull 1.48MM SQFT From LA’s Office Market, Nudging Vacancy Down Despite Losses

Los Angeles office vacancy slipped to 25.3 percent in the third quarter not because tenants took more space but because CBRE removed 1.48...

San Diego
FinanceIndustry NewsResidentialRetailSan Diego

Viridian Lofts, a 33-Unit Mixed-Use Asset With 39,000 SQFT of Retail and a 275-Space Garage, Lists for $24MM in Downtown San Diego

A trio of century-old buildings at Broadway and Fourth and Fifth avenues in downtown San Diego's Civic Core has hit the market at...

San Diego skyline
AECFinanceIndustry NewsResidentialSan Diego

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...

Construction figures on a phone
AECIndustry NewsLos AngelesResidential

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...

Medical office graphic
CommercialFinanceIndustry NewsLos Angeles

NewGen Health Affiliate Buys University of Antelope Valley’s 88,000 SQFT Lancaster Campus for $14.4MM

A Lancaster property that opened as a hotel and spent nearly three decades as a private college has found a third act, with...

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People on the Move

Kennedy Wilson Recruits Jamison’s Jaime Lee to Drive Capital Formation Across $37B Platform

Kennedy Wilson has hired Jaime Lee, who spent more than two decades at Jamison and ran the family-controlled developer as chief executive, to...

Vincent Thomas Bridge
AECCommercialFinanceIndustry NewsLos AngelesResidential

Los Angeles Developer Lands Note on Topaz Tower, an Entitled 246-Unit San Pedro Conversion

A private Los Angeles residential developer has taken control of the debt behind Topaz Tower, clearing its path to complete one of the...

a rendering of an apartment with furniture
AECIndustry NewsLos AngelesResidential

Jamison Lands Permits to Convert 17-Story 6380 Wilshire Tower into 217 Apartments in Carthay Circle

New renderings from Next Architecture reveal a rooftop pool deck and roughly 27,000 square feet of resident amenities as Jamison Services advances its...

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