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AECIndustry NewsLos AngelesResidential

Atto Properties Starts 219-Unit Koreatown Apartments at 3800 W. 6th St., Trading Shelved Hyatt Tower for Market-Rate Rentals

Developer Leo Lee has started construction on an eight-story, 219-unit apartment building at 3800 W. 6th Street in Koreatown, using a 2026 city...

Koreatown Los Angeles California Neighborhood Sign
AECHospitalityIndustry NewsLos AngelesResidential

Jamison Scraps Stalled 110-Room Koreatown Hotel for 114-Unit Affordable Complex at 679 S. Harvard Boulevard

Jamison Services has filed plans to replace its long-stalled hotel project just south of Wilshire Boulevard with a seven-story, 114-unit building reserved entirely...

Apartment building
FinanceLos AngelesResidential

36-Unit Echo Lake Apartments Across From Echo Park Lake Trades for $7.35MM

A high-net-worth family buys the 36-unit Echo Lake Apartments across from Echo Park Lake in Los Angeles for $7.35MM, or $204,167 per unit.

Koreatown Los Angeles California Neighborhood Sign
FinanceIndustry NewsLos AngelesResidential

Post Investment Group Buys 302-Unit Violet on Virgil From Blackstone’s LivCor for $60MM, a 33% Haircut in LA’s Rampart Village

Blackstone's apartment platform LivCor has sold the 302-unit Violet on Virgil complex near Koreatown to Post Investment Group for $60 million, booking a...

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FinanceIndustry NewsLos AngelesRetail

Arc Capital Partners Lands $29.3MM Refinancing for LA’s Landmark Koreatown Retail Hub Chapman Market

Five years after taking on bridge debt to reposition the historic Chapman Market, Arc Capital Partners has refinanced the Koreatown retail hub with...

development construction graphic illustration
AECIndustry NewsLos AngelesResidential

Jamison Pivots to 147-Unit Affordable Complex at 975 S. Manhattan Place in LA’s Koreatown

The Los Angeles developer has scrapped a previously approved 120-unit market-rate apartment plan at 975 S. Manhattan Place in favor of a fully...

Construction site with machinery moving earth
AECFinanceIndustry NewsLos AngelesResidentialRetail

Rite Aid-Tied Owner Lists Fully Entitled 147-Unit Affordable Housing Site at Crenshaw and Olympic in Los Angeles

An entity connected to twice-bankrupt drugstore chain Rite Aid is selling a fully entitled, one-acre development site at the northwest corner of Crenshaw...

Koreatown Los Angeles California Neighborhood Sign
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...

Image of a pile of coins with a ladder
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...

Los Angeles skyline
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...

Construction drawings on a computer screen
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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