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FinanceIndustry NewsLos AngelesRetail

Pacific Retail JV Negotiates Workout as $309MM Loan on 2MM SQFT Lakewood Center Reaches June Maturity

Less than a year after acquiring Lakewood Center from Macerich for $332.1 million, the joint venture of Pacific Retail Capital Partners, Lyon Living...

Pasadena Sign and Palm Tree
AECCommercialFinanceIndustry NewsLos AngelesResidentialRetail

27,220 SQFT Mixed-Use Property with Approved 134-Unit Redevelopment Plan Hits Market on Pasadena’s South Lake Avenue

A two-story retail and office building on Pasadena's South Lake Avenue has come to market carrying an unusual asset for buyers weighing the...

Riding market up trend, risk and uncertainty, stock market or cryptocurrency volatility, price movement, risk management concept, businessman investor or trader riding volatile rising up arrow rodeo.
CommercialFeaturedIndustrialIndustry NewsLos AngelesResidentialRetail

Allen Matkins/UCLA Anderson Survey Finds CRE Distress Has Peaked as Deals Close Despite War-Driven Rate Spike

The Summer 2026 Allen Matkins/UCLA Anderson Forecast survey of California commercial real estate sentiment found that industry distress has peaked and transactions are...

Hollywood sign in Hollywood hills
AECIndustry NewsLos AngelesResidentialRetail

Charles Company Pivots Melrose Triangle to 282-Unit Residential Plan in West Hollywood

After more than a decade of false starts, the Charles Company has scrapped its office component and reframed the long-stalled 2.7-acre site as...

shopper buying something with a phone
FeaturedFinanceIndustry NewsLos AngelesRetail

Red Mountain Group Lists Savers-Anchored Lakewood Retail Property for $11.76MM

The 29,039-SQFT single-tenant building on Lakewood Boulevard hits the market with more than seven years of firm term from publicly traded thrift operator...

Shopping items on display
FinanceIndustry NewsLeasingRetail

Macerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point

Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall...

Shopping bags with a yellow background
FinanceIndustry ContributorsIndustry NewsLos AngelesRetail

LA County’s Retail Market Faces Price Correction in Q2 2025

Vacancy remained at a historic high, asking rents declined, and investors shifted strategy as sales volume pulled back from a strong first quarter....

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AECCommercialHospitalityIndustry NewsLos AngelesResidentialRetail

A Bold Vision for Downtown Los Angeles: The 670 Mesquit Project

A transformative new development is on the horizon in the heart of Downtown Los Angeles. Known as the 670 Mesquit Project, this ambitious...

iStock-1675579652-shopping
FeaturedIndustry NewsRetail

The Evolution of Retail: Blending Technology, Sustainability, and Community

The retail industry is undergoing profound transformation. As new technologies emerge and consumer expectations evolve, the traditional rules of engagement are being rewritten....

McNellis Partners, International Council of Shopping Centers, ICSC, ULI, Retail, Palo Alto
Industry ContributorsIndustry NewsRetail

McNellis on AI: Time to Brace Yourself

By John McNellis When ChatGPT hit the street in late 2022, a close friend began amusing himself—and occasionally, me—by having it rewrite my...

FeaturedIndustry NewsRetail

Simon Property Group Exceeds Expectations with Strong Q4 FFO Growth

Simon Property Group (SPG.N), a leading retail commercial real estate investment trust (REIT) specializing in shopping, dining, and entertainment destinations, is demonstrating its...

Mortgage Bankers Association, MBA, Capital Economics, CMBS, Commercial, Retail, Hospitality, Multifamily
CommercialFeaturedFinanceHospitalityIndustry NewsResidentialRetail

Loan Delinquencies Surge in Commercial Real Estate Sectors at the End of 2023

The commercial real estate sector is currently navigating through turbulent financial conditions, evidenced by a significant rise in loan delinquencies. This worrying trend...

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