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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...

grace-wang-aaWMokR-p44-unsplash-burbank
AECFinanceIndustry NewsLos AngelesResidential

LaTerra Development Lists for Sale 8.5-Acre Burbank Site Entitled for 862 Units

Marina del Rey-based developer markets shovel-ready project near Hollywood Burbank Airport The housing shortage in Southern California’s entertainment hub has created opportunities for...

Locked self storage unit.
FinanceIndustrialIndustry NewsLos AngelesNews Releases

Intercontinental Real Estate Corporation, LaTerra Development Acquire 784-Unit Self-Storage Facility in Santa Clarita for $27MM

The acquisition of the 100,000-square-foot facility on 4.18 acres at 23715 Carl Court marks Intercontinental’s entry into the self-storage sector, in partnership with...

burbank aero crossings 3
AECCommercialIndustry NewsLos AngelesResidential

LaTerra to Transform Iconic Burbank Fry’s Site into 862-Unit Mixed-Use Community

Marking the end of an era for a once-beloved tech retail chain, the long-shuttered Fry’s Electronics near Hollywood Burbank Airport has officially begun...

Raymer Self Storage
AECFinanceIndustrialIndustry NewsInland EmpireLos AngelesNews Releases

LaTerra Development Secures $18.2MM Construction Loan for 65,220 SQFT Self Storage Facility in Van Nuys

JLL Capital Markets led the financing efforts for Raymer Self Storage, a fully entitled self-storage development in California’s San Fernando Valley  LOS ANGELES,...

AECIndustry NewsLos AngelesResidential

LaTerra Development’s 210-Unit Multifamily Project Moves Forward in Marina Del Rey

By The Registry Staff  LaTerra Development has achieved a new milestone in its plan to construct a contemporary apartment complex at the intersection...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

LaTerra Development Secures $143.5MM in Combined Financing for Two Los Angeles Multifamily Properties

(EDITOR’S NOTE: In addition to financing secured for The Louise, PGIM also provided a $53.5 million floating-rate bridge loan to LaTerra Development for...

FinanceIndustrialIndustry NewsLos Angeles

LaTerra Development Purchases Three-Building Industrial Portfolio in Marina Del Rey for $37MM 

By Catherine Sweeney  After recently branching out into self storage and industrial assets, LaTerra Development is continuing to expand its footprint in the...

AECIndustrialIndustry NewsLos AngelesNews Releases

LaTerra Development to Deploy up to $300MM for Development of Self Storage Assets in Southern California 

LOS ANGELES — LaTerra Development, a Los Angeles-based developer, has established a self-storage development platform and formed a joint venture with a fund...

FinanceIndustrialIndustry NewsLos AngelesNews Releases

Industrial Portfolio Totaling 66,019 SQFT in North Hollywood Sells for $21.4MM

NORTH HOLLYWOOD, Calif. –– Lee & Associates LA North/Ventura’s Principals Scott Caswell and Erica Balin, negotiated the sales of two multi-tenant industrial properties located in...

AECCommercialIndustry NewsLos AngelesResidential

934,561 SQFT Mixed-Use Development Planned for Burbank to Include 863 Residential Units

By Catherine Sweeney  A development planned for Burbank will soon replace a former Fry’s Electronics store with a 934,561 square-foot mixed-use project containing...

AECFinanceIndustry NewsLos AngelesNews ReleasesResidential

LaTerra Development & QuadReal Secure $198.5MM Construction Loan For 573-Unit Burbank Apartment Project

LOS ANGELES and VANCOUVER, BC, Nov. 11, 2021– LaTerra Development, a Los Angeles-based developer, together with QuadReal Property Group, a global real estate company, announced the closing of a $198.5...

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