NorthMarq
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
Farahan Enterprises Lists 51-Unit Park Terrace Apartments in Los Angeles’s Westlake for $10.8MM
The 1979-vintage mid-rise at 504 S La Fayette Park Place hits the market for the first time in over 15 years with assumable...
New Construction 118-Unit Apartment Building Hits the Market on Western Avenue in South Los Angeles
The seven-story building at 4186 S Western Avenue, located in a Qualified Opportunity Zone, targets affordable and workforce housing investors ahead of its...
Southern California’s Steady Hand: Essex Posts 2.2% Revenue Growth as Orange County and San Diego Lead the Region
Los Angeles County trailed the rest of Essex’s Southern California portfolio in Q1 2026 as Orange County and San Diego absorbed regional demand...
Private Investor Group Lands Chelsea Apartments in Santa Monica for $33.1MM, Secures 10-Year Fixed Debt
A 53-unit coastal trophy two blocks from the Pacific trades at roughly $625,000 per door as a Venice-based sponsor doubles down on supply-constrained...
State Housing Law Forces West Hollywood to Greenlight Faring’s 126-Unit Bond Hotel and Residences
A 4-1 council vote ends a multi-year entitlement fight on Santa Monica Boulevard and clears one of the city’s most contested infill sites...
Faulkner Capital Partners Acquires 86-Unit Hollywood Luxury Tower The Baxter for $33.9MM
The Class A multifamily asset at 1818 N Cherokee Avenue closed as-is with no retrades in under 30 days from PSA, trading above...
Fairfield Residential Acquires 198-Unit Resort At Encinitas For $110MM In Coastal San Diego Play
The San Diego–based owner paid roughly $555,505 per unit for the former condo-conversion property, doubling down on stabilized coastal product as the regional...
Essex Property Trust Posts Sector-Leading Revenue Growth Across Southern California Portfolio in 2025
The San Mateo-based apartment REIT reported 3.3 percent same-property revenue growth in its largest region, outpacing national averages amid constrained supply and steady...
Fallas Family Defaults on $31.8MM CMBS Loan at Historic 88-Unit Metropolitan Building in Downtown Los Angeles
Vacant retail space left behind by the family’s bankrupt discount chain drives the mixed-use landmark into special servicing as the property hits the...
OCERS Sets $325MM Real Estate Pacing Plan for 2026, Targets Data Centers and Specialized Housing
The Orange County pension fund will direct up to $250 million in non-core capital toward niche property sectors including build-to-rent, student housing and...
Decron Properties Secures $82.9MM Fannie Mae Refinancing for 398-Unit River Ranch Apartments in Simi Valley
The multigenerational owner-operator locks in its lowest portfolio fixed rate in four years, retiring bank debt and extracting capital to continue investing in...
