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CommercialFinanceLos AngelesPeople on the Move

Three Glen Oaks Veterans Launch Independent Peak Escrow in Glendale

Kristen Hartwick, John Salmon and Nazeli Grigorian have left Glen Oaks Escrow to open their own independently owned firm in Glendale, wagering nearly...

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FinanceIndustry NewsLos AngelesResidential

Essex Sells 101-Unit Promenade in Marina del Rey for $24.8MM, Below Its 2004 Purchase Price

Essex Property Trust sold the leasehold on The Promenade, a 101-unit Marina del Rey waterfront community, for $24.8 million to Coastline Real Estate...

Hotel sign on top of a building
FinanceHospitalityIndustry NewsLos Angeles

93-Key Holiday Inn Express in Pasadena Hits Market at $21.98MM as Tri-Lin Holdings Calls for Offers

The recently renovated, IHG-flagged Holiday Inn Express & Suites at 3500 East Colorado Boulevard has been placed on the market with a September...

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FinanceHospitalityIndustry NewsLos Angeles

Lowe and JC Resorts Land Barings Financing for 582-Key Terranea Resort in Rancho Palos Verdes

The joint venture behind Terranea Resort has secured fresh capital on one of California's most coveted hotel assets, tapping Barings for a five-year...

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CommercialFinanceIndustry NewsLeasingLos Angeles

Fortress Seizes 182,000 SQFT Former Sony Animation Campus in Culver City With $71MM Credit Bid as City Weighs a Deal

Fortress Investment Group, which quietly bought the campus's Goldman Sachs–originated note three years ago, has taken ownership of the long-vacant 9050 Washington Boulevard...

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CommercialLos AngelesRetail

The RealReal to Open Fourth Southern California Store on Glendale’s Brand Boulevard

The online luxury resale platform is planting a fourth Southern California flag on Glendale's Brand Boulevard, wagering that a physical consignment and shopping...

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CommercialFinanceIndustry NewsLos Angeles

NewGen Health Affiliate Buys University of Antelope Valley’s 88,000 SQFT Lancaster Campus for $14.4MM

A Lancaster property that opened as a hotel and spent nearly three decades as a private college has found a third act, with...

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AECHospitalityIndustry NewsLos AngelesResidential

Brandywine Homes, Vaidehi Inc. Land Approval to Replace Norwalk’s Hotel Saddleback With 120 Homes and 130-Room Hotel

Norwalk has cleared a Specific Plan amendment allowing Brandywine Homes to build 120 single-family homes and townhomes and Vaidehi Inc. to develop a...

people on the street in Los Angeles
AECCommercialIndustry NewsLos AngelesRetail

Inglewood Approves $261MM Public-Private Deal to Rebuild Downtown and Move Event Crowds by 2028

The Inglewood City Council has awarded a Plenary Americas-led consortium a fixed-price, $261 million contract to build three mobility hubs, a pedestrian bridge...

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CommercialFinanceIndustry NewsLeasingLos AngelesRetail

Toni Ko Affiliate Lists One Green, 64,000 SQFT Fully Leased Old Pasadena Block, Without an Asking Price

An ownership entity affiliated with beauty entrepreneur Toni Ko has placed One Green, a 100 percent leased mixed-use block spanning nearly the entire...

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FinanceLos AngelesRetail

Walgreens-Anchored 39,000 SQFT Atlantic Crossing in Lynwood Sells for $10.91MM

The fully leased Walgreens-anchored center at Imperial Highway and Atlantic Avenue traded roughly five months after Newmark brought it to market, closing at...

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CommercialFinanceIndustrialIndustry NewsLos Angeles

Majestic Realty Buys Rivian-Leased 57,000 SQFT El Segundo R&D Facility for $27.25MM

Majestic Realty has acquired a fully leased, mission-critical research and development facility in El Segundo occupied by electric-vehicle maker Rivian, handing seller Hackman...

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