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FinanceIndustry NewsLos AngelesResidential

Pacific Urban Investors Buys 398-Unit Next on Sixth in Koreatown for $139MM, a $50MM Discount to 2019 Price

Pacific Urban Investors has acquired Next on Sixth, a 398-unit Koreatown apartment tower with a ground-floor Target, paying $139 million to a merger-bound...

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CommercialFinanceIndustry NewsLos Angeles

Jamison’s 600 Commonwealth Office Tower Lands Back in Special Servicing as $30.4MM Loan Races Toward Sale Closing in Los Angeles

A $30.4 million securitized loan backing the 333,000-square-foot 600 Commonwealth office tower in Los Angeles has returned to special servicing after a forbearance...

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CommercialFinanceIndustry NewsLos AngelesRetail

Cash-Flowing 22,000 SQFT Crossroads on Vermont Retail-Office Asset Hits Koreatown Market for $10MM

A fully stabilized retail and office property at the corner of Vermont Avenue and 8th Street in Los Angeles’ Koreatown has hit the...

Koreatown Los Angeles California Neighborhood Sign
AECIndustry NewsLos AngelesResidential

Jamison Services Nears Finish Line on 230-Unit Hudson Apartments in Koreatown After Three Attempts at the Site

After cycling through three different development concepts over more than a decade, Koreatown’s largest landlord is weeks away from delivering an eight-story, 230-unit...

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AECFinanceIndustry NewsLos AngelesResidential

Jamison Lands $60MM Fifth Third Loan to Convert 3424 Wilshire Office Tower into 260 Apartments in Koreatown

Recorded title documents show a related-party transfer of the 13-story Koreatown tower into a Delaware joint venture entity preceded the construction financing for...

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AECCommercialFeaturedIndustry NewsLos AngelesRetail

LA Metro Punches Subway Beneath Wilshire, Rewriting the Mid-Wilshire CRE Map Ahead of the World Cup

The $3.1 billion first phase of LA Metro’s D Line extension delivers three underground stations along the region’s densest office spine, handing landlords...

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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...

Hollywood sign in Hollywood hills
FinanceIndustry NewsLos AngelesResidential

Kilroy Cashes Out of Hollywood with $202MM Sale of 393-Unit Columbia Square Living and Jardine Towers

The $514,000-per-unit transaction strips Kilroy of nearly all its Los Angeles multifamily exposure and delivers a $61.8 million impairment as the REIT pivots...

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FinanceHospitalityLos Angeles

Church of Scientology Lands Distressed Mama Shelter Hollywood Hotel for $16MM

The 70-room property changed hands at $229,000 per key after a $13.3 million CMBS loan went into default, drawing 13 bidders to a...

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Industry NewsLeasingLos AngelesRetail

Ross Dress for Less Leases 24,800 SQFT Space at Alvarado Center in LA’s Koreatown

The off-price retailer’s Koreatown deal is part of a broader national push to open approximately 110 new stores in fiscal 2026. Ross Dress...

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FeaturedIndustry NewsLos AngelesRetail

Los Angeles Retail Market Sees Vacancy Rise to 5.7% as Rents Decline in Q1 2026

Retail fundamentals soften slightly as negative absorption and falling rents contrast with strong investment activity and steady leasing demand Retail real estate across...

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CommercialFeaturedIndustry NewsLeasingLos Angeles

Tenants Voting With Their Feet: How Flight-to-Quality Is Reshaping the Los Angeles Office Market

NAI Capital Commercial’s Tina LaMonica breaks down why Class B and C tenants are migrating into Class A buildings, why landlords are holding...

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