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FinanceIndustrialIndustry NewsLos Angeles

JPMorgan Acquires 521,000 SQFT Shoemaker Commerce Center from PGIM for $176.5MM in Santa Fe Springs

JPMorgan Chase has paid PGIM Real Estate $176.5 million for Shoemaker Commerce Center in Santa Fe Springs, locking up nearly a decade of...

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FinanceLos AngelesResidential

Arixa Capital Tops $9B in Originations, Expands Homebuilder Lending with Sawitzke Hire

The Los Angeles-based private lender crossed the $9 billion origination threshold less than three months after hitting $8 billion, and is channeling the...

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FeaturedIndustry NewsLife ScienceSan Diego

San Diego VC Funding Nears $5B by Midyear as AI Overtakes Life Sciences in Record 2026 Pace

Venture capital is flooding into San Diego startups at a record clip in 2026, but the money is chasing a different kind of...

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FinanceHospitalityIndustry NewsLos Angeles

Reuben Brothers Seize 190-Key West Hollywood Edition From Witkoff in $211MM Deed-in-Lieu

British billionaires Simon and David Reuben have taken ownership of the West Hollywood Edition on the Sunset Strip, closing out a four-year debt...

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CommercialFeaturedFinanceIndustry NewsLos Angeles

JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund as Santa Monica’s $162MM Pen Factory Hangs in the Balance

The 24-year-old US Real Estate Income and Growth vehicle had bet on Westside trophy office at the top of the market — now...

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AECFeaturedIndustry NewsLos AngelesResidential

Community Corp. Breaks Ground on 95-Unit Jubilo Village in Culver City After Seven-Year Push

Westside nonprofit developer secures $20 million city loan and state tax credits to deliver Culver City's first fully affordable project in more than...

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FeaturedFinanceIndustry NewsInland EmpireLeasingLos AngelesOrange CountyRetailSan Diego

Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers

The Santa Monica REIT's Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...

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CommercialFinanceIndustry NewsLeasingLos Angeles

JPMorgan Chase Anchors Pasadena’s South Lake Corridor With 26,000 SQFT New Lease

The nation's largest bank lands a new 25,901-SQFT footprint at 201 S. Lake Avenue, signaling renewed financial-sector demand in a Pasadena office market...

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AECFinanceIndustry NewsOrange CountyRetail

Public Records Show Shopoff Paid $144.2MM for Final Westminster Mall Parcel, Lifting Bolsa Pacific Assemblage to Roughly $290MM

Irvine-based developer's recorded grant deed values the 726,158-SQFT acquisition at $198.55 per square foot, capping a four-year land play as demolition begins on...

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CommercialFeaturedFinanceIndustry News

Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease

The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...

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AECFinanceHospitalityIndustry NewsLos AngelesResidentialRetail

Cain, Eldridge Industries Secure $4.3 Billion for One Beverly Hills, Among the Largest Development Financings in a Decade

J.P. Morgan leads $2.8 billion senior loan and VICI Properties provides $1.5 billion mezzanine commitment for the 17.5-acre luxury mixed-use destination in Beverly...

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FeaturedFinanceIndustry NewsLos AngelesSan Diego

BMO Launches 145-Branch Expansion Across California and Arizona in Sweeping Westward Push

Canada's third-largest bank by market value plans to grow its California footprint by more than 50 percent over five years, redeploying capital from...

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