office-to-residential conversion
Capstone and Elysian Land $75MM Citibank Construction Loan to Convert Pasadena’s ZK Plaza into 133 Affordable Units
The day the Capstone Equities and Elysian Housing partnership took title to East Pasadena's ZK Plaza, it also recorded a Citibank construction loan...
East Pasadena’s ZK Plaza Office Building Sells for $13.4MM Ahead of 133-Unit Affordable Housing Conversion
An affordable housing developer plans to turn a 1960s East Pasadena office building and its parking lot into 133 apartments, and the site...
Taylor Morrison Buys 185,000 SQFT Tustin Financial Plaza From Kingsbarn, Kelemen for $68.7MM to Build 145 Homes
Homebuilder Taylor Morrison paid $68.7 million for Tustin Financial Plaza, a five-building office campus that Kingsbarn Realty Capital and The Kelemen Company bought...
Dupont Properties Seeks Irvine Approval for 107-Unit Apartment Project to Replace 18,000 SQFT Office Building
A 1971 office building on Irvine's Dupont Drive would be torn down for a six-story, 107-unit apartment building, as Dupont Properties, LLC takes...
San Diego Approves Amended $255MM Deal to Convert Troubled 101 Ash Tower into 249 Affordable Units, Rebranded 107 Ash Street
The San Diego City Council amended its ground lease with developer 101 Ash Venture LP to advance the $254.7 million conversion of the...
Kingsbarn, Kelemen Secure Approval for 480-Unit Terravita Conversion of 18.5-Acre Laguna Hills Office Campus
Meeting as the city's Planning Agency, the Laguna Hills City Council voted 4-1 to let Kingsbarn Capital & Development and Irvine-based Kelemen Company...
Gensler Co-CEO Elizabeth Brink: Conversions Can Revive Downtown Los Angeles, If Leadership Shows Up
Speaking at the UCLA Anderson Forecast Summer 2026 Economic Outlook, Gensler Co-CEO Elizabeth Brink laid out an architect's case for why experience, not...
