Measure ULA
Bass Concedes LA Mayor’s Race to Nithya Raman, Putting Measure ULA Relief Back on City Hall’s Agenda
Mayor Karen Bass conceded the Los Angeles mayoral race to City Council Member Nithya Raman on Thursday, handing City Hall to a candidate...
Spudland Puts 85-Unit Hummingbird LA in Rampart Village on the Market for $29MM
The owner of The Hummingbird LA, a six-story Rampart Village apartment building completed in December 2024, is asking $29 million for its 85...
Rebuilt 129-Unit The Jade in San Gabriel Heads to Market in Mid-$30MM Range, Roughly 25% Below Seller’s Basis
A 129-unit apartment complex in unincorporated San Gabriel, bought for $15.5 million in 2020 and rebuilt over six years, is heading to an...
The Registry Ranks: SoCal Apartment Submarkets for Investors, the Week Before Prop 43
Orange County apartment vacancy is 3.9%. City of LA apartment sales above the Measure ULA threshold are down by half. Prop 43 won't...
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.
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...
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,...
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...
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...
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...
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...
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...
