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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...

Skyline of Los Angeles with the railroad in the foreground
AECIndustry NewsLos AngelesResidential

Onni Group’s 46-Story, 419-Unit Miracle Mile Tower Advances as Draft EIR Lands at 5350 Wilshire

After three dormant years, Onni Group's plan for a 530-foot residential high-rise beside the Wilshire/La Brea subway station has cleared a key procedural...

construction figurines on top of a phone
AECIndustry NewsLos AngelesResidentialRetail

Walter N. Marks Clears Final EIR for 42-Story, 348-Unit Mirabel Tower on LA’s Miracle Mile

Los Angeles City Planning has released the Final Environmental Impact Report for Mirabel, clearing the way for an Aug. 27 hearing on the...

Construction site with machinery moving earth
AECFinanceIndustry NewsLos AngelesResidentialRetail

Rite Aid-Tied Owner Lists Fully Entitled 147-Unit Affordable Housing Site at Crenshaw and Olympic in Los Angeles

An entity connected to twice-bankrupt drugstore chain Rite Aid is selling a fully entitled, one-acre development site at the northwest corner of Crenshaw...

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FeaturedFinanceIndustry NewsLos AngelesResidential

Tight Vacancy and Class C Bargain Hunting Fuel 25% Jump in Los Angeles Multifamily Deal Flow

Los Angeles County's apartment market is holding its ground through economic turbulence, with vacancy compressed near multi-year lows and private capital chasing small...

Skyline of Los Angeles during dusk
FeaturedFinanceIndustry NewsLos AngelesResidential

LA County Apartment Occupancy Slides to 93.9% as 24,081 Units Flood the Construction Pipeline

Los Angeles County's apartment market entered 2026 caught between resilient rents and a relentless wave of new supply, with occupancy slipping to its...

Los Angeles
FeaturedIndustry NewsLos AngelesResidential

Los Angeles Apartment Vacancy Tightens to 4.8% as Private Buyers Power 25% Surge in Deal Flow

Los Angeles County's apartment market has held its footing through a stretch of economic turbulence, with vacancy compressing across submarkets and private capital...

Koreatown Los Angeles California Neighborhood Sign
FinanceIndustry NewsLos AngelesResidential

Pacific Urban Investors Buys 398-Unit Next on Sixth in Koreatown for $139MM, a $50MM Discount to 2019 Price

Pacific Urban Investors has acquired Next on Sixth, a 398-unit Koreatown apartment tower with a ground-floor Target, paying $139 million to a merger-bound...

Coffee cup fill to the top
Industry NewsLeasingLos AngelesOrange CountyRetailSan Diego

Sana’a Cafe Lines Up Wilshire Lease, Targets San Diego in Southern California Push

The Hayward-based Yemeni chain already operates flagship cafes in Hollywood and Lake Forest. Now a new Wilshire Boulevard lease and a planned San...

Apartment building facade
FinanceIndustry NewsLos AngelesResidential

Aragon Properties Lists 190-Unit Echo Park Multifamily Portfolio as Non-RSO Class A Product Hits LA Market

Vancouver developer is testing investor appetite for newly built, rent-control-exempt apartments in one of Los Angeles' most supply-starved submarkets. A Vancouver-based developer is...

Skyline of Los Angeles with the railroad in the foreground
AECCommercialFeaturedIndustry NewsLos AngelesRetail

LA Metro Punches Subway Beneath Wilshire, Rewriting the Mid-Wilshire CRE Map Ahead of the World Cup

The $3.1 billion first phase of LA Metro's D Line extension delivers three underground stations along the region's densest office spine, handing landlords...

Hollywood sign on a hill
CommercialIndustry NewsLeasingLos AngelesRetail

Nike Lands 25,500 SQFT New Lease at 729-733 Seward in Hollywood

The global apparel giant takes 25,500 SQFT in Hollywood as the submarket's vacancy hits a record 29.5 percent — and California's expanded $750...

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