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CommercialFinanceIndustry NewsLos Angeles

Jamison’s 600 Commonwealth Office Tower Lands Back in Special Servicing as $30.4MM Loan Races Toward Sale Closing in Los Angeles

A $30.4 million securitized loan backing the 333,000-square-foot 600 Commonwealth office tower in Los Angeles has returned to special servicing after a forbearance...

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AECIndustry NewsLos AngelesResidential

Relevant Group Scales Back Westlake Affordable Housing Plan to 106 Units

Partnering with nonprofit Holos Communities, the Los Angeles developer has pivoted from a 150-unit supportive housing tower to a smaller five-story affordable rental...

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FinanceIndustry NewsLos AngelesResidential

Farahan Enterprises Lists 51-Unit Park Terrace Apartments in Los Angeles’s Westlake for $10.8MM

The 1979-vintage mid-rise at 504 S La Fayette Park Place hits the market for the first time in over 15 years with assumable...

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AECCommercialHospitalityIndustry NewsLos AngelesResidential

Los Angeles City Council Approves 668-Unit Centro Westlake Tower Complex Above MacArthur Park Metro Station

Joint development between Walter J. Company and LA Metro advances one of the city’s largest transit-oriented mixed-use projects, bringing affordable housing, a 300-room...

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AECFinanceIndustry NewsLos AngelesResidential

Jamison Services Secures $195MM Construction Loan for 686-Unit 1055 West 7th Conversion in Los Angeles

Koreatown-based developer secures financing for 686-unit conversion of historic ARCO Tower in Westlake, marking LA’s largest office-to-residential project amid citywide adaptive reuse push...

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FinanceIndustry NewsLos AngelesNews ReleasesResidential

Optimus Properties Announces Sale of Two Los Angeles Multifamily Properties for Combined $13MM

Optimus Properties, LLC is pleased to announce the successful sale of two multifamily properties located at 301–307 N. Rampart Blvd. and 250 S....

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FinanceIndustry NewsLos AngelesResidential

Newly Built 43-Unit Complex in Los Angeles Hits the Market at $14.5MM

29,506 SQFT Westlake property enters sales cycle as investors weigh Opportunity Zone status Los Angeles’ steady demand for urban multifamily housing is drawing...

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AECCommercialIndustry NewsLos AngelesResidential

Walter J Company Plans 668-Unit Mixed-Use Tower Above Westlake/MacArthur Park Metro Station in LA

Applicant seeks approval for transit-oriented development with 234 affordable units, 300-room hotel, and public plaza Dense urban corridors surrounding Los Angeles metro stations...

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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...

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FinanceIndustry NewsLos AngelesResidential

Historic 275-Unit Los Angeles Multifamily Portfolio Sold for $25.25MM

Deal marks portfolio pricing at roughly $92,000 per unit for Koreatown and Westlake properties A recent multifamily transaction in Los Angeles underscores how...

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AECIndustry NewsLos AngelesResidential

Garwood Incorporated Proposes Affordable Housing Developments in Los Angeles Totaling 219 Units

A notable affordable housing initiative could soon rise in Los Angeles’ Historic South-Central neighborhood, as Pasadena-based Garwood Incorporated has submitted plans for two...

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AECFinanceIndustry NewsLos AngelesNews ReleasesResidential

CPP Spends $48.4MM on Acquisition of 238-Unit Witmer Manor in Los Angeles

The project will preserve 239 affordable housing units in the Westlake neighborhood LOS ANGELES, April 24, 2025 — CPP (Community Preservation Partners), a mission-driven affordable...

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