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AECFinanceIndustry NewsLos AngelesResidential

Alliant Communities Lands $36MM Measure ULA Loan for 200-Unit Affordable Project on Former Northridge Rite Aid Site

Calabasas-based Alliant Communities has lined up a $36.1 million Measure ULA commitment from the Los Angeles Housing Department to replace a shuttered Rite...

office interior
CommercialFinanceLos Angeles

Audio-Technica Acquires 9,000 SQFT Hollywood Creative Office Building from BLT Enterprises for $7.25MM

Audio equipment maker Audio-Technica has bought a two-story creative office building on Hollywood's Melrose Avenue for its new Los Angeles headquarters and showroom,...

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FinanceLos AngelesResidential

San Fernando Valley Buyer Acquires 41-Unit North Hollywood Apartments from Kwan Trust for $5.89MM

A San Fernando Valley buyer paid nearly $5.89MM, or $143,610 per unit, for a 41-unit North Hollywood apartment building at a 5.70% cap...

Historic Buildings of Downtown Tracy California
FinanceIndustry NewsLos AngelesRetail

Engine Real Estate Acquires 15,000 SQFT G-Son Studios Building in Atwater Village for $10MM

A Napa Valley-based father-and-son investment firm paid just under $10 million, backed by a $7.35 million Mega Bank loan, for the Glendale Boulevard...

Image of a pile of coins with a ladder
FinanceIndustry NewsLos AngelesResidential

Cityview Recapitalizes 243-Unit Belle on Bev in Los Angeles With PCCP in $76MM Deal

Cityview has recapitalized Belle on Bev, the 243-unit mixed-use building it delivered in Historic Filipinotown in 2024, by selling the property to a...

apartment building
FinanceIndustry NewsLos AngelesResidential

71-Unit Westwood Apartment Building on Beverly Glen Sells for $14.2MM

The $14.2 million sale of 1441 S. Beverly Glen Blvd. pushed well past Measure ULA's $10.9 million top-tier threshold, a bracket where Marcus...

Housing cost graphic
FinanceIndustry NewsLos AngelesResidential

Los Angeles Opens Record $466.6MM Homes for LA Round as Mansion Tax Money Shifts Toward Preservation

The Los Angeles City Council unanimously authorized a $466.6 million second round of the Homes for LA program, a pool built largely on...

apartment buildings
FinanceIndustry NewsLos AngelesResidential

Welltower Acquires 339-Unit Variel Senior Living Community in Woodland Hills for $230MM from Harbert South Bay

Toledo-based Welltower deepened its multibillion-dollar push into senior living with the $230.28 million purchase of a three-year-old Woodland Hills community, a deal that...

Walk of fame - Hollywood Boulevard in Los Angeles
CommercialFinanceIndustry NewsLos Angeles

Archway Markets 75,000 SQFT Hollywood Creative Office at 1800 Vine for $45MM

The three-story creative office compound near the Capitol Records Building — which Archway bought for about $20 million a decade ago and reimagined...

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FeaturedIndustry NewsLos AngelesRetail

Los Angeles Retail Vacancy Eases as New Supply Hits 19-Year Low

With retail construction at its lowest first-half level since at least 2007, Los Angeles landlords are backfilling vacated big-box space and pushing multi-tenant...

rendering of apartment with couch and shelves
FinanceIndustry NewsLos AngelesResidential

Pacific Urban Investors Grabs 168-Unit Preston in Miracle Mile for $70.5MM as Sares-Regis Books a Loss

Pacific Urban Investors extended its Los Angeles buying streak with the $70.5 million purchase of the Preston apartments in Miracle Mile, a price...

Lady justice statue
FeaturedFinanceIndustry NewsLos AngelesResidential

LA Council Sends Palisades Mansion-Tax Exemption to November Voters, Putting $32MM of Measure ULA Revenue in Play

The Los Angeles City Council voted 13-1 to let November voters decide whether homes destroyed or damaged in the January 2025 Palisades Fire...

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