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Los Angeles skyline
FinanceIndustry NewsLos AngelesResidential

Rockpoint Paid $66.25MM for 97-Unit Wilshire Margot in Westwood, a Third Below Its Defaulted Debt

Newly reviewed public records put a number on Rockpoint’s previously undisclosed acquisition of the distressed Wilshire Margot apartment tower in Westwood, showing the...

La Jolla coastline
AECCommercialFinanceIndustry NewsResidentialSan Diego

IQHQ Puts 2.25-Acre Aventine East Development Site on the Block as Life Science REIT Raises Cash

The San Diego developer is marketing a by-right parcel entitled for nearly 490,000 SQFT of residential density in La Jolla UTC, four years...

Hotel pool with palm trees and seating area
FinanceHospitalityIndustry NewsLos Angeles

Khanna Enterprises Acquires 469-Room Westin Long Beach for $42MM at Steep Discount

Irvine-based hotel operator picks up downtown convention hotel from Rockpoint and Highgate at roughly half its 2017 price tag Irvine-based Khanna Enterprises has...

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