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AECCommercialFeaturedFinanceIndustry NewsLos Angeles

Leasing Activity Outpaces Historical Trends Even as Availability Edges Higher in Los Angeles Office Market

The Los Angeles office market is navigating a gradual recovery, with leasing activity advancing notably amid an evolving demand landscape. According to the...

studio soundstage with cameras and equipment
CommercialFinanceIndustry NewsLos Angeles

Burbank Production Facility Sells for $5.8MM, 27% Below Revised Asking Price

A state-of-the-art production and post-production facility in Burbank's entertainment district has sold for $5.8 million, significantly below its revised asking price, highlighting the...

matt-seymour-mWtYBG3HdXU-unsplash-land
AECFinanceIndustry NewsLos AngelesResidential

$72.6MM Valley Village Land Sale by Regent Properties Marks Largest Residential Deal Since 2023

Prime development site in supply-constrained LA market signals renewed investor confidence in residential projects A substantial parcel of residential land at 12755 Burbank...

Construction worker on the site
AECFeaturedFinanceIndustry NewsResidential

California Housing Costs Soar to 2.3X Texas Levels as Construction Regulations Take Heavy Toll

New RAND study reveals stark regional differences in multifamily housing production costs, with policy reforms offering potential solutions California's notoriously high housing costs...

tobias-wilden-4453DIQWtsQ-unsplash-apartment
AECIndustry NewsLos AngelesResidential

Jacmar Cos. Proposes 13-Story Building with 100 Units for Santa Monica’s Lincoln Boulevard

In a new proposal that continues the trend of high-rise living along the Westside, a 13-story residential tower dubbed Asterisk Santa Monica is...

Koreatown Los Angeles California Neighborhood Sign
AECIndustry NewsLos AngelesResidential

HVN Development Proposes 80-Unit Affordable Housing Project in North Hollywood

A new wave of affordable housing is projected to reshape North Hollywood as Los Angeles-based HVN Development has submitted plans for an 80-unit...

Apartment facade
FinanceIndustry NewsLos AngelesResidential

40-Unit North Hollywood Multifamily Property Sells for $8MM

40-Unit Garden-Style Property Trades at $200,000 Per Unit Despite RSO Challenges A 40-unit multifamily property in North Hollywood has changed hands for $8...

ricardo-gomez-angel-sYK-jN0sKBY-unsplash-construction rail train
AECCommercialIndustrialIndustry NewsLos Angeles

$668MM Project Begins: Van Nuys Station Shuts Down for 3 Years

The Los Angeles Metro’s G Line will undergo significant upgrades as part of the $668-million G Line Improvements Project, with construction beginning on...

Hollywood sign in Hollywood hills
FinanceIndustry NewsLos AngelesNews ReleasesResidential

Post Investments and Walker & Dunlop Buy 236-Unit Marquee in North Hollywood for $44MM, Secures $32.9MM Loan

North Hollywood, California – December 4, 2024 – Berkadia announced today the sale and financing of Marquee, a 236-unit, garden-style multifamily property in North Hollywood,...

Sares Regis Multifamily Funds, Newport Beach, San Mateo, Sares Regis Multifamily Value Add Fund IV, Northern California, Southern California, Portland, Seattle, San Diego City Employees’ Retirement System
FinanceIndustry NewsLos AngelesResidential

Anatomy of a Deal: 15-Unit Multifamily Property in North Hollywood Sells for $7.625MM, $508,333 Per Unit

When Marcus & Millichap’s LAAA Team first listed this 15-unit multifamily property in March, it was part of a three-property portfolio in the...

Hollywood Hills with the Hollywood sign
CommercialFinanceIndustry NewsLos Angeles

Rockwood Capital and Artisan Realty Sell Pair of North Hollywood Buildings Totaling 260,000 SQFT for $45MM

The NoHo Collection, a prominent pair of office properties in North Hollywood’s Arts District, has recently traded hands for approximately $45 million, according...

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AECCommercialIndustry NewsLos AngelesNews ReleasesResidentialRetail

LA Metro Board Okays Trammell Crow’s 11.8-Acre Project At North Hollywood Metro Station

Metro’s Joint Development Program has completed 2,362 housing units to date with 3,387 additional units in the pipeline LOS ANGELES (Oct. 3, 2024) –The...

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