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FinanceIndustry NewsLos AngelesNews ReleasesResidential

Ideal Capital Group Sells Two Central Valley Communities for a total of $61.62MM

(EDITOR’S NOTE: According to public documents reviewed by The Registry, the seller was an entity affiliated with Clovis-based Ideal Capital Group.) FRESNO, Calif.  â€” Northmarq’s Fresno Investment...

Orange County Aerial
AECCommercialFinanceIndustry NewsOrange CountyResidential

Meritage Homes Buys Trinity Broadcasting’s Costa Mesa Campus for $44.5MM in Residential Land Play

A sprawling Christian media compound along one of Orange County’s busiest freeway corridors has changed hands for $44.5 million, according to property records...

FinanceHospitalityIndustry NewsLos Angeles

Chrome Hearts Acquires Malibu’s 20-Room Surfrider Hotel for $37.5MM in Rare High-End Hospitality Deal

Luxury fashion brand’s oceanfront purchase marks one of California’s priciest per-room deals amid challenging hotel market conditions Luxury fashion brand Chrome Hearts has...

Industrial warehouses
FinanceIndustrialIndustry NewsOrange County

Lincoln Property & Artemis Snap Up 250,000 SQFT Orange County Warehouse in $67MM Deal

Paper Mart’s former headquarters represents a bet on Southern California’s industrial real estate market as landlords eye post-pandemic tenant demand Lincoln Property Co....

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AECIndustry NewsOrange CountyResidential

CityView Eyes 422-Unit Residential Project at Newport Summit Campus Near UCI Health Hospital

Office-to-apartment conversion plans surface for Irvine property A two-building office complex in Irvine is the latest casualty of the post-pandemic office market downturn,...

Long Beach Sign leading to downtown
CommercialFinanceIndustry NewsLos Angeles

Shomof Group Acquires Long Beach’s 460,000 SQFT Landmark Square for $50MM at 63% Discount in Distressed Office Market Sale

Landmark Square sale underscores persistent challenges in California’s post-pandemic office market In a transaction that highlights the continuing distress in California’s commercial office...

Clothes on a rack with shopping bags on the floor
FinanceIndustry NewsLos AngelesRetail

Optimus Properties Pays $9.4MM for 22,000 SQFT Echo Park Retail Center

LA investment firm expands neighborhood presence with third acquisition on key Los Angeles corridor Los Angeles-based Optimus Properties, LLC closed on its purchase...

Medical reception desk
CommercialFinanceLos AngelesNews Releases

Private Investors Purchase 27,000 SQFT Imperial Medical Plaza in Los Angeles for $5.3MM

(EDITOR’S NOTE: According to public documents reviewed by The Registry, the sale, which closed on August 28th, was for $5,250,000, or around $197 per...

tara-clark-Gk8LG7dsHWA-unsplash-store retail shopping
FinanceIndustry NewsLos AngelesRetail

Artemis Sells 76,000 SQFT Pasadena Retail Plaza for $42MM

Vons-anchored shopping center sells at $551 per square foot as grocery-anchored properties remain investor favorites A prominent Pasadena retail center has sold for...

getty-images-dniHwZrgFW8-unsplash-retail shopping
FinanceIndustry NewsLos AngelesRetail

Brookfield to Divest 22,000 SQFT Retail Portion of Kith @ 8500 Sunset in West Hollywood

Canadian investment giant sells ground-floor retail condo at West Hollywood mixed-use development Brookfield Asset Management is divesting the retail portion of a trophy...

benoit-debaix-c-HGZNddplw-unsplash-hollywood
CommercialFinanceIndustry News

Hollywood Landmark Sells for $7 Million After Sharp Price Cut

Walk of Fame property traded at 80 percent discount to original asking price as commercial real estate market remains under pressure The iconic...

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AECIndustry NewsLos AngelesResidential

Public Hearing Announced for 23-Story Mixed-Income Tower in Santa Monica

The City of Santa Monica has announced a public hearing in September for a 23-story mixed-income residential tower at 1520 7th Street that...

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