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Culver City skyline
CommercialFinanceIndustry NewsLos Angeles

Culver City Lands $103MM Option to Buy Fortress’ 198,000 SQFT Former Sony Animation Campus

Culver City has secured the exclusive right to buy the vacant former Sony Pictures Animation campus from Fortress Investment Group for $103 million,...

Modern office interior
CommercialIndustry NewsLeasingSan Diego

Ulteig Lease Fills Sunroad Centrum, Pushing 280,000 SQFT Kearny Mesa Office Tower to 100% Occupancy

Engineering firm Ulteig has taken the last available suite at Sunroad Centrum, closing out a pandemic-era lease-up that left the 11-story Kearny Mesa...

Hotel pool with palm trees and seating area
FinanceHospitalityIndustry NewsLos Angeles

Goldman Sachs Buys $280MM Senior Loan on Slatkins’ 327-Key Santa Monica Beach Hotels, Consolidating $400MM Debt Stack

Goldman Sachs has bought the $280 million senior mortgage on Shutters on the Beach and Hotel Casa del Mar out of special servicing,...

Santa Monica beach with downtown in the background
CommercialFinanceIndustry NewsLos Angeles

Land Under 99,000 SQFT Santa Monica Office Building at 1733 Ocean Avenue Relisted at $34.6MM, 47% Below 2019 Sale

The land under a four-story, 98,841-square-foot office building one block from the Pacific in Santa Monica is back on the market at a...

Image of a $100 bill with an orange background
CommercialFinanceIndustry NewsLos Angeles

Blackstone, LBA Line Up $270MM Nomura CMBS Loan on Apple-Anchored 378,000 SQFT One Culver Campus

Blackstone and LBA Realty are refinancing their Apple- and WeWork-anchored One Culver campus with a $270 million floating-rate CMBS loan from Nomura, a...

empty hangers and retail
FinanceIndustry NewsLos AngelesRetailSan Diego

West Covina and El Cajon Malls Anchor $437MM Starwood Portfolio Back in Special Servicing

The Starwood Regional Mall Portfolio, whose Southern California holdings include Plaza West Covina in the San Gabriel Valley and Parkway Plaza in El...

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CommercialLos AngelesPeople on the Move

CIM Group Taps PIMCO Veteran Adam Lerer as Managing Director to Grow Real Estate Equity Platform

CIM Group has hired nearly two-decade commercial real estate veteran Adam Lerer as Managing Director of Investments, the latest in a run of...

Graphic of people weighing AI
CommercialFeaturedIndustry ContributorsIndustry News

The First Footprints in the Snow

AI's hit to jobs looks like a rounding error—until you see who's in the oven: gutted call centers and vanishing entry-level work. Narrow...

building outline with a blue sky
CommercialFinanceIndustry NewsLos Angeles

Hackman Loses Culver City’s 182,000 SQFT Former Sony Animation Campus to Fortress in $71MM Foreclosure

Fortress Investment Group emerged as the new owner of the vacant, three-building Art Deco office complex at 9050 Washington Boulevard after credit-bidding roughly...

Culver City skyline
CommercialFinanceIndustry NewsLeasingLos Angeles

Fortress Seizes 182,000 SQFT Former Sony Animation Campus in Culver City With $71MM Credit Bid as City Weighs a Deal

Fortress Investment Group, which quietly bought the campus's Goldman Sachs–originated note three years ago, has taken ownership of the long-vacant 9050 Washington Boulevard...

Culver City skyline
CommercialFinanceIndustry NewsLeasingLos Angeles

Hackman Capital Defaults on $100MM Loan, Sending 182,000 SQFT Former Sony Animation Campus to Auction in Culver City

Hackman Capital Partners' surrender of its long-vacant Culver City creative-office trophy to a Goldman Sachs-backed lender deepens a year of distress that has...

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News Releases

Goldman Sachs Announces Agreement to Acquire LCN Capital Partners

Leading independent triple net lease (NNN) platform across North America and Europe with growth opportunities across products, investor segments, and geographies.

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