CoStar
Aragon Properties Lists 190-Unit Echo Park Multifamily Portfolio as Non-RSO Class A Product Hits LA Market
Vancouver developer is testing investor appetite for newly built, rent-control-exempt apartments in one of Los Angeles’ most supply-starved submarkets. A Vancouver-based developer is...
Massachi Lands $48MM Bank of America Construction Loan for 110-Unit West Hollywood Project
Developer breaks ground on the largest housing project the city has seen in a decade, replacing a demolished mid-century bank branch on Santa...
Sophia Hollywood Apartments Trade for $16MM, Setting Hollywood Per-Unit Price Record
The 28-unit Class A property at 1759 N. Gower Street fetched roughly $571,500 per unit, the neighborhood’s strongest pricing in more than three...
Irvine Co. Trades 842-Space Garage for 184-Unit Luxury Tower at Fashion Island in Newport Beach
The master-planned developer is converting underused parking at 800 San Clemente Drive into the eighth and final building of its 708-unit Villas at...
Realtor Groups Pour $602,000 Into Defeating San Diego Vacancy Tax as June Vote Nears
Measure A would impose $8,000 to $10,000 annual levies on non-primary homes left empty more than 182 days a year, with backers projecting...
Jardine Hollywood Commands $533,680 Per Unit as Allocation Emerges on $202MM Kilroy-Advanced Trade
The newer of the two Hollywood towers fetched a premium over its older sister property, with Jardine trading at $103MM and Sky Hollywood...
Orange County Multifamily Market Holds Steady as New Supply Concentrates in Irvine
Rents edge higher and vacancy remains flat year-over-year, while nearly two-thirds of the county’s 5,573-unit construction pipeline targets a single submarket Orange County’s...
Georgetown Co. Advances 251-Unit Mixed-Use Development on Hollywood Media Campus Site in Los Angeles
New York-based developer seeks density bonus and CEQA exemption for eight-story residential project near Netflix’s Southern California headquarters Georgetown Co. is pushing forward...
Hudson Pacific’s Hollywood Holdings Hit 100% Office Occupancy as LA Studio Market Starts to Stir
The Sunset campuses anchor HPP’s strongest region as the company prepares to wind down Quixote and ride a tax-credit-fueled production rebound. Southern California...
Mayer, Hyatt Line Up $200MM Cash-Out Refi on Huntington Beach Oceanfront Resort
The proposed five-year, interest-only loan would retire $182 million in maturing debt and return more than $12 million in equity to ownership, signaling...
Sharp HealthCare Anchors San Diego Medical Office Surge as Class A Rents Crack $5
Suburban absorption, owner-user acquisitions and shrinking vacancy define a market increasingly tilted toward institutional Class A product San Diego’s medical outpatient sector has...
Farahan Enterprises Lists 51-Unit Park Terrace Apartments in Los Angeles’s Westlake for $10.8MM
The 1979-vintage mid-rise at 504 S La Fayette Park Place hits the market for the first time in over 15 years with assumable...
