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Skyline of Glendale, California
AECCommercialIndustry NewsLos AngelesResidential

Izek Shomof Files to Convert 19-Story, 400,000 SQFT Glendale Office Tower Into 312 Residential Units

Prolific adaptive reuse developer acquires 101 N. Brand Boulevard at a 54 percent discount from its 2016 sale price, betting on residential demand...

Santa Ana California Public Welcome Sign
AECCommercialFinanceIndustry NewsOrange CountyResidential

Caribou Industries Overhauls One Broadway Plaza With 602 Apartments in Orange County’s Tallest Proposed Tower

Developer Mike Harrah pivots the long-delayed 37-story Santa Ana skyscraper away from office use, betting on a housing-starved market and new transit infrastructure...

Apartment building facade
AECFeaturedIndustry NewsResidentialSan Diego

Wakeland Housing Delivers $48.5MM, 85-Unit Senior Community in Vista Amid San Diego’s Affordable Housing Shortfall

The downtown San Diego-based developer is opening La Sábila Apartments as data shows the region trailing every other California metro in affordable housing...

nate-watson-Ib_nblJ2Jis-unsplash-apartment
AECIndustry NewsLos AngelesResidential

Los Angeles Metro Affordable Housing Construction Rises 80% in Five Years

Region delivers 9,406 income-restricted units across Los Angeles and Orange County as south LA sees major development The Los Angeles metro area completed...

ameer-basheer-HY2mqOwbGco-unsplash-long beach
AECCommercialIndustry NewsLos AngelesResidential

Shomof Group Files to Convert 480,000-SQFT Landmark Square Office Tower Into 391 Residential Units in Long Beach After $50MM Acquisition

The proposed adaptive reuse of the 24-story tower at 111 West Ocean Boulevard follows a 63 percent price markdown and joins a growing...

Locked self storage unit.
AECIndustrialIndustry NewsLos Angeles

Los Angeles Self-Storage Developer Bets Big on Playa Vista Mixed-Use Expansion

A new project aims to add retail and warehouse space to an existing facility in one of LA’s hottest neighborhoods A new mixed-use...

getty-images-pWZEbjRDnA0-unsplash-apartment
FeaturedIndustry NewsInland EmpireLos AngelesOrange CountyResidentialSan Diego

Southern California Rental Wars: Orange County and San Diego Lead Fierce Competition for Limited Units

Coastal markets dominate while Inland Empire and outlying areas face unprecedented demand Southern California’s rental market is entering peak season 2025 with some...

aga-adamek-9OfBsfty2x4-unsplash-self storage
AECFeaturedFinanceIndustrialIndustry NewsInland EmpireLos Angeles

Southern California Self-Storage Boom: 4.9MM SQFT Planned as Urban Density Drives Demand

Los Angeles metro and Inland Empire lead development pipeline with Gardena topping the list at 219,000 SQFT California’s self-storage market is experiencing a...

AECFeaturedIndustry NewsInland EmpireLos AngelesResidentialSan Diego

Housing Construction Surges 154% in Inland Empire as Southern California Market Transforms

Riverside metro more than doubles apartment construction while Los Angeles maintains regional leadership Southern California’s apartment construction landscape is undergoing a dramatic transformation,...

Los Angeles Sherman Oaks San Fernando Valley Aerial
FinanceIndustry NewsLos AngelesResidential

JRK Property Holdings Acquires Historic 401-Unit Sherman Oaks Apartment Complex for $129MM

Los Angeles investment firm pays $321,695 per unit for Chase Knolls, signaling continued confidence in San Fernando Valley multifamily market Los Angeles-based JRK...

kane-taylor-02fRawxKwbA-unsplash-apartment
FeaturedIndustry NewsInland EmpireLos AngelesOrange CountyResidential

Greater LA Rental Market: Competition Heats Up and Orange County Is California’s Toughest Market in 2024

As California’s housing crisis deepens, the rental market in Greater Los Angeles is becoming a battlefield where competition is fierce and opportunities are...

San Diego apartment building
FinanceIndustry NewsResidentialSan Diego

Barings Secures $66MM Refinance from KKR for 309-Unit Boardwalk at Millenia Apartment Community in San Diego

Walker & Dunlop has successfully arranged a $66 million refinancing for the Boardwalk at Millenia, a luxury 309-unit apartment complex located in Chula...

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