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FinanceIndustry NewsResidential

Essex Property Trust Lands $275MM Bank of America-Led Term Loan to Retire Commercial Paper

Essex Property Trust has lined up $275 million of unsecured bank debt led by Bank of America to retire short-term commercial paper, trading...

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AECIndustry NewsLos AngelesResidential

National CORE, Linc Housing Open 340-Home Pioneer Village Complex in Glendale

Glendale's largest affordable housing complex has opened its doors after three and a half years of construction, delivering 340 homes into a rental...

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AECIndustry NewsResidentialSan Diego

Wakeland Housing Breaks Ground on $48MM, 50-Unit Senior Housing and Community Center on Former Imperial Beach Church Site

Wakeland Housing and the Imperial Beach Neighborhood Center have started construction on The Haven on Palm, which will put 50 apartments for low-income...

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FinanceIndustrialIndustry NewsLos Angeles

Borstein Enterprises Lands $72.5MM Refinancing on 507,000 SQFT Alameda Business Centre in Los Angeles

The longtime owner tapped Bank of America for fresh debt on a four-building industrial campus it has held since developing the site nearly...

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FinanceHospitalityIndustry NewsLos Angeles

Daniel Negari Acquires 241-Room Hotel Per La for $34MM in Downtown Los Angeles

Tech entrepreneur Daniel Negari's 1922.XYZ LLC has pulled the historic Bank of Italy tower's 241-room Hotel Per La out of lender hands for...

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CommercialFeaturedIndustry NewsLeasingLos Angeles

Los Angeles Office Occupancy Slides to 46.5% as National Attendance Holds Flat

Los Angeles gave back 1.2 percentage points of office attendance in the latest Kastle Systems Back to Work Barometer while the national average...

Excited friends in a pub reacting to a soccer goal with loud cheering, raised arms, and drinks on the table in a lively sports environment.
CommercialFeaturedHospitalityIndustry NewsLos AngelesRetail

Los Angeles Led World Cup Host Cities in Small-Business Sales Growth, Bank of America Finds

Los Angeles posted the strongest small-business sales growth of any World Cup host city, with hotels, bars and restaurants up roughly 18 percent...

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FinanceIndustrialIndustry NewsLos Angeles

Travelers Club Luggage Buys 151,000 SQFT Santa Fe Springs Distribution Center from Ares for $51MM

Travelers Club Luggage has acquired the Class A GLP Mid-Counties Distribution Center in Santa Fe Springs from Ares Management for $51.3 million, an...

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CommercialFeaturedFinanceIndustry ContributorsIndustry NewsRetail

McNellis: One House, One Spouse — A Guide to Wealth Preservation

Why razor-thin overhead and the 'one house, one spouse' rule are the keys to preserving wealth in real estate and in life.

Skyline of Los Angeles
CommercialFinanceIndustry NewsLos AngelesRetail

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...

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CommercialFinanceIndustry NewsLeasingLos Angeles

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,...

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CommercialFeaturedIndustry NewsLeasing

Los Angeles Office Leasing Surges to Nearly 4MM SQFT in Q2 2026, Running 22% Above Five-Year Average

Los Angeles office leasing accelerated sharply in the second quarter of 2026, approaching pre-pandemic volumes as a resurgent Downtown and a string of...

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