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Graffiti towers in Los Angeles
AECCommercialFinanceHospitalityIndustry NewsLos AngelesResidential

Bankruptcy Court Pushes Oceanwide Plaza Confirmation Hearing to May 19 After City of Los Angeles Requests Continuance

Judge Deborah J. Saltzman extends overbid, objection and reply deadlines tied to the $470MM KPC Group-Lendlease purchase proposal for the stalled three-tower complex...

CommercialFinanceIndustry NewsLos Angeles

Barker Pacific Group’s 153,000 SQFT Downtown LA Office Tower Heads to $22MM Non-Performing Note Auction

The 12-story Financial District property, owned by Barker Pacific Group, carries a current loan basis of approximately $141 per square foot and is...

Building with sky black and white
AECFeaturedFinanceIndustry NewsLos Angeles

Lendlease Reports $223MM Operating Loss and US Impairments on Same Day It Files $470MM Bid for Downtown LA’s Oceanwide Plaza

Australia-based builder and investment manager doubles down on its American presence with the Oceanwide acquisition even as the company absorbs write-downs across its...

Graffiti towers in Los Angeles
AECCommercialFinanceIndustry NewsLos AngelesResidential

KPC Group and Lendlease File $470MM Purchase Agreement for Stalled Oceanwide Plaza in Downtown Los Angeles

Joint venture moves to acquire the bankrupt “Graffiti Towers” through a combined disclosure statement and liquidating plan, with the court set to approve...

marten-bjork-n_IKQDCyrG0-unsplash-hotel (1)
FinanceHospitalityIndustry NewsLos Angeles

60-Key Cara Hotel in LA’s Los Feliz Hits the Market After $17.8MM Renovation

Lee & Associates markets boutique Los Angeles property at 1730 N Western Ave; price undisclosed As Los Angeles prepares for a stretch of...

mitch-p6PLkH8S_3s-unsplash-los angeles hotel
AECFeaturedHospitalityIndustry NewsLos Angeles

Los Angeles Hotel Market Stabilizes in Q4 2025 as Convention Center Expansion Signals New Growth Phase

The Los Angeles hotel sector entered the fourth quarter of 2025 in a “stabilization” phase, pivoting from its leisure-heavy recovery to rely more...

Downtown Los Angeles Arts District
AECCommercialHospitalityIndustry NewsLos AngelesResidential

AEG Takes a Third Swing at DTLA’s $2.6 Billion Convention Market

Global sports and entertainment giant AEG is betting big on the future of Downtown Los Angeles, unveiling plans for a soaring 49-story, mixed-use...

bogdan-vaskan-1taEJJwIv-0-unsplash-apartment
FinanceIndustry NewsLos AngelesNews ReleasesResidential

HACLA Acquires 154-Unit Clarendon Apartments in LA for $50MM

(EDITOR’S NOTE: According to industry sources with knowledge of the Southern California multifamily market, the property located at 215 W 14th St. was...

Downtown Los Angeles Arts District
AECCommercialFinanceIndustry NewsLos AngelesResidential

Salvation Army Lists Downtown LA Development Site for $100MM

Nonprofit seeks buyers for prime property near LA Live despite challenging office market conditions A 2.3-acre development site in the heart of downtown...

venti-views-0YWaDPylkYA-unsplash-los angeles
AECIndustry NewsLos AngelesResidential

Mack Real Estate Development’s 536-Unit Twin High-Rise Project Receives Final City Approval in Downtown Los Angeles

The Los Angeles City Council has now given final approval to the 51-story residential tower, completing the entitlement process that began with Planning...

Los Angeles, Marcus & Millichap, Measure ULA, San Fernando Valley, South Bay, Long Beach, Koreatown
FinanceIndustry NewsLos AngelesResidential

Two Los Angeles Multifamily Assets Totaling 261 Units Listed for Sale

A couple of multifamily communities totaling 261 units in Los Angeles—mResidences Olympic & Olive in Downtown’s South Park submarket and mResidences Miracle Mile—have...

mohamed-nohassi-KWYlvp7Jijk-unsplash-museum gallery
AECCommercialFeaturedIndustry NewsLos Angeles

LACMA’s $715MM Gamble: David Geffen Galleries Preview Signals Major Cultural Investment

Los Angeles positions itself for economic recovery with ambitious museum expansion set to transform Miracle Mile Los Angeles County Museum of Art’s bold...

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