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FinanceIndustry NewsLos AngelesResidential

Prime Residential Lands 132-Unit Palm Court Apartments for $51.25MM in LA’s Miracle Mile

A San Francisco-based multifamily owner has planted a deeper flag in one of Los Angeles' most supply-constrained neighborhoods, pairing a $51.25 million purchase...

Image of a pile of coins with a ladder
AECFinanceIndustry NewsLos AngelesResidential

Billy G. Mills Manor Lands $28.9MM HUD Refinance, Preserving 102 Affordable Units Near USC in Los Angeles

Watt Capital Developers recapitalized a fully subsidized community near USC with a HUD/FHA loan timed to close alongside a 20-year Section 8 contract...

Apartment building facade
FinanceIndustry NewsLos AngelesResidential

Prime Residential Acquires 132-Unit Palm Court Apartments for $51.25MM in Los Angeles’ Miracle Mile

San Francisco-based Prime Residential has landed a fully renovated Miracle Mile apartment complex for $51.25 million, betting on the durability of rents in...

Historic Buildings of Downtown Tracy California
FinanceIndustry NewsLos AngelesRetail

Rosemead Place Retail Center Secures $46MM Cash-Out Refinance on 337,000 SQFT Asset

The Target-anchored Rosemead Place has been recapitalized with a $46 million permanent loan, pulling fresh equity out of one of the San Gabriel...

rendering of apartment with couch and shelves
FinanceIndustry NewsLos AngelesResidential

AJ Watt Sells 226-Unit Collection at Baldwin Multifamily Portfolio in Los Angeles for $33.04MM

A scattered-site apartment portfolio in the Baldwin Hills area of Los Angeles changed hands for $33.04 million in a deal that required nearly...

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FinanceIndustry NewsResidentialSan Diego

The Baldwin Company’s 312-Unit Enclave Heritage Flats Clinches $101.6MM HUD Refinance in Chula Vista

The Baldwin Company swaps short-term bridge debt for long-term, fixed-rate HUD financing on a 312-unit South Bay community, locking in capital structure as...

Rendering of Westminster mall redevelopment
AECFinanceIndustry NewsOrange CountyRetail

Public Records Show Shopoff Paid $144.2MM for Final Westminster Mall Parcel, Lifting Bolsa Pacific Assemblage to Roughly $290MM

Irvine-based developer’s recorded grant deed values the 726,158-SQFT acquisition at $198.55 per square foot, capping a four-year land play as demolition begins on...

Image of a pile of coins with a ladder
FinanceIndustry NewsLos AngelesResidential

South LA Nonprofit CRCD Locks In $14.5MM Freddie Mac Refi on 52-Unit Supportive Housing Project

Ruth Teague Homes, completed in 2024 with 9 percent tax credits, houses transitional age youth, families and veterans in the Avalon Gardens neighborhood....

Financing graphic
FinanceIndustry NewsLos AngelesResidential

Waterton Secures $77.8MM Refinancing for 293-Unit OLiVE DTLA Multifamily Community in Downtown Los Angeles

The financing package combines a $66 million Fannie Mae loan with $11.8 million in preferred equity from Tokyu Land US Corporation, replacing prior...

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CommercialFeaturedFinanceIndustrialIndustry NewsResidential

Private Credit’s $1.8 Trillion Surge Sets the Stage for a Real Estate Reawakening in 2026

As the four largest alternative credit platforms approach nearly $1.8 trillion in combined AUM, the asset class’s rapid maturation is reshaping capital flows...

Santa Ana California Public Welcome Sign
AECFinanceIndustry NewsOrange CountyResidential

Core Development Group Secures $41MM Construction Loan for 116,000 SQFT Santa Ana Office Tower Conversion

116,156-square-foot property at 2700 North Main Street to be redeveloped into 158 apartments and ground-floor retail Southern California’s push to rebalance its commercial...

Los Angeles
AECFinanceIndustry NewsLos AngelesNews ReleasesResidential

Thrive Living Secures $65MM for 290-Unit Affordable Housing Project in East Hollywood

Project is company’s fourth affordable housing project in the City to be financed without use of public subsidies and the second to be...

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