affordable housing
Prop. 1’s $11.25B Housing Bond Passes, Offering a Lifeline to 9,533 Stalled Affordable Units in L.A. and Ventura Counties
California voters approved Proposition 1's $11.25 billion housing bond, a cash infusion that could restart thousands of shovel-ready affordable apartments across Los Angeles...
Rebuilt 129-Unit The Jade in San Gabriel Heads to Market in Mid-$30MM Range, Roughly 25% Below Seller’s Basis
A 129-unit apartment complex in unincorporated San Gabriel, bought for $15.5 million in 2020 and rebuilt over six years, is heading to an...
AMCAL Multi-Housing Lands Permits for $70.3MM, 190-Unit Affordable Complex at 7004 Baird Ave. in Reseda
AMCAL Multi-Housing has secured building permits to replace a row of single-family homes on Reseda's Baird Avenue with a six-story, 190-unit affordable apartment...
Jamison Scraps Stalled 110-Room Koreatown Hotel for 114-Unit Affordable Complex at 679 S. Harvard Boulevard
Jamison Services has filed plans to replace its long-stalled hotel project just south of Wilshire Boulevard with a seven-story, 114-unit building reserved entirely...
Venice Community Housing, Linc Housing Launch $93MM, 120-Unit Sankofa Place Affordable Campus in Inglewood
Venice Community Housing, Linc Housing and the Social Justice Learning Institute have started construction on Sankofa Place at Centinela, a two-building, 120-unit affordable...
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...
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...
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...
Comfort Communities Lands $42MM Freddie Mac Refinancing for 204-Unit Woodland Village in San Marcos
Comfort Communities has swapped the existing Freddie Mac debt on Woodland Village Apartments, its 204-unit community for residents 55 and older in San...
LA City Council Rejects Neighbor Appeals, Clearing Genton-Led Venture’s 814-Unit Riverwalk at Studio City
The Los Angeles City Council turned back a slate of neighborhood appeals against Riverwalk at Studio City, upholding approval of the Genton Property...
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...
AMG Land Development Clears Permits for 272-Unit, 166,000 SQFT Affordable Complex at 6650 Reseda Blvd.
Los Angeles building officials have issued permits for AMG Land Development's six-story, 272-unit apartment complex on a vacant Reseda lot, the largest new-construction...
