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FinanceIndustry NewsLos AngelesRetail

Allied Commercial Investments Buys 148,000 SQFT Mosaic Retail Portfolio in Downtown Long Beach for $30MM

A Cypress-based private investor has acquired the retail heart of Downtown Long Beach’s Mosaic district, betting that below-market rents and a partially vacant...

Port of long beach
CommercialFinanceIndustry NewsLos Angeles

Port of Long Beach Targets 227,000 SQFT 100 Oceangate Tower Written Down 47% to $24.9MM by County Assessor

Los Angeles County has slashed the taxable value of 100 Oceangate by nearly half, an official verdict on downtown Long Beach’s office collapse...

Shopping center in Southern California
CommercialFinanceIndustry NewsLos AngelesRetail

Redwood West and Panattoni Acquire 395,000 SQFT The Pike Waterfront Center in Long Beach for $50MM

Redwood West and Panattoni have purchased The Pike, the open-air lifestyle center on Long Beach’s downtown waterfront, and are lining up a $20...

402 atlantic ave rendering
AECIndustry NewsLos AngelesResidential

New Century Development Files Plans for 82-Unit Apartment Building at 402 Atlantic Ave. in Downtown Long Beach

New Century Development has filed an application to replace a long-shuttered Downtown Long Beach service station with a seven-story, 82-unit apartment building, adding...

Long Beach with the marina in the foreground
FinanceIndustry NewsLos AngelesResidential

Downtown Long Beach’s 200 W Ocean Tower Clinches $46.25MM Refinancing Ahead of Olympics Boom 

A 106-unit luxury adaptive reuse project on Ocean Boulevard secures three-year floating-rate debt from Tower-Keep as capital flows into Long Beach’s pre-2028 building...

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FeaturedIndustry NewsLos AngelesResidential

Los Angeles Multifamily Vacancy Hits 5.6% as Rents Hold Flat in Q1 2026

Construction slows and investment activity recalibrates, even as notable sales and large-scale developments continue across the region Los Angeles’ multifamily market entered 2026...

office building facade
CommercialFeaturedIndustry NewsLos Angeles

South Bay Office Vacancy Hits 23.6% as Leasing Activity Outpaces 2025 Average

Leasing volume climbs to 672,494 square feet while aerospace and automotive tenants continue to anchor demand across key submarkets A gradual reset continues...

Long Beach with the marina in the foreground
AECCommercialIndustry NewsLos AngelesResidential

Shomof Group Files to Convert 480,000-SQFT Landmark Square Office Tower Into 391 Residential Units in Long Beach After $50MM Acquisition

The proposed adaptive reuse of the 24-story tower at 111 West Ocean Boulevard follows a 63 percent price markdown and joins a growing...

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FinanceIndustry NewsLos AngelesNews ReleasesRetail

Pre-Sale of Newly Renovated Two-Tenant Belmont Shore Retail Property on 2nd Street in Long Beach Closes at $9.9MM

Hanley Investment Group and Coastal Commercial broker pre-sale of historic Spanish Colonial Revival building on 2nd Street redeveloped by ATE Real Estate. LONG...

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AECFeaturedFinanceIndustry NewsLos AngelesResidential

Los Angeles Multifamily Vacancy Rises to 5.2% as Sales Prices Drop 10% Year-Over-Year

Third-quarter data shows cooling demand with net absorption down 28.8 percent despite increased construction deliveries The Los Angeles apartment market is showing clear...

building outline with a blue sky
FinanceIndustry NewsLife ScienceLos Angeles

8.76-Acre Community Hospital Medical Campus in Long Beach is for Sale

A 300,000-square-foot medical campus spanning 8.76 acres in Long Beach has been placed on the market for sale. The Community Hospital Long Beach...

Thai Town
AECIndustry NewsLos AngelesResidential

Beverly Hills Developer Proposes 131-Unit Project in Los Angeles’ Thai Town

A major transformation is slated for the Hollywood community of Los Angeles, where Beverly Hills-based 5430 Carlton LLC has filed plans for an...

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