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CommercialIndustry NewsLeasingLos Angeles

Los Angeles Capital Management Leases 23,000 SQFT at Irvine Company’s Westwood Gateway

Quantitative equity manager Los Angeles Capital Management signed a 23,000-square-foot lease at Irvine Company's Westwood Gateway in West Los Angeles, one of the...

UCLA campus in Los Angeles
AECFinanceIndustry NewsLos AngelesResidential

Christian Science Organization Lists 62-Unit UCLA-Adjacent Westwood Development Site for $15MM

A campus religious group is offering one of the last unentitled development parcels bordering UCLA, a roughly 25,060-square-foot Westwood site zoned for high-density...

UCLA campus in Los Angeles
FinanceIndustry NewsLos AngelesResidential

UCLA Housing Group Acquires 16-Unit Westwood Co-Living Asset for $8.5MM Student Housing Conversion

A newly built co-living complex minutes from UCLA has traded out of receivership to a university-affiliated buyer that plans to convert the property...

UCLA campus with man riding a scooter
CommercialFinanceIndustry NewsLos AngelesRetail

UC Regents Acquire 16-Property, 182,000 SQFT Westwood Village Portfolio for $49.8MM from Anderson Family

The Regents of the University of California quietly closed on a 16-parcel block of retail and office space steps from UCLA's campus, deepening...

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CommercialIndustry NewsLeasingLos AngelesRetail

Toronto Exhibitor Leases Westwood’s Historic Bruin Theater, Targets Mid-October Reopening

A Toronto-based independent exhibitor has leased Westwood's shuttered Bruin Theater from the Skouras family, aiming to restore first-run cinema to a neighborhood that...

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...

Executives falling with fire in background
CommercialFinanceIndustry ContributorsIndustry News

The Art of the Quiet Exit, A Hudson Pacific Story

Hudson Pacific’s COO resigned with the usual boilerplate denial attached—but after a $572 million annual loss, a scrapped dividend and a stock down...

LA Metro Gold line train arriving at Los Angeles Union Station during COVID-19 Era
AECFeaturedIndustry NewsLos Angeles

Three New D Line Stations Push Metro Rail Ridership to Six-Year High as Weekend Trips Surge 18%

The opening of three new D Line subway stations along Wilshire Boulevard helped lift Los Angeles County rail ridership to its strongest monthly...

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FinanceIndustry NewsLos AngelesResidential

Roostaeian Family Office Lands $65MM Bank of America Loan on 200-Unit UCLA-Adjacent Portfolio

The five-year, interest-only mortgage—slated for CMBS packaging—recapitalizes a nine-property student-housing collection assembled over two decades in Westwood and North Village. Bank of America...

Los Angeles Aerial Wilshire Blvd Condos and Apartments
AECFinanceIndustry NewsLos AngelesResidential

Douglas Emmett Bets on Adaptive Reuse With 323-Unit Conversion of Westwood’s Murdock Plaza

The Santa Monica REIT files plans to turn a 17-story Wilshire Boulevard office tower it acquired out of distress into apartments, pairing the...

Skyline of Los Angeles during dusk
CommercialIndustry NewsLeasingLos Angeles

Swig and Intercontinental Clinch 22,000 SQFT of Leases at 6300 Wilshire as LA Office Market Wobbles

The Class A Miracle Mile tower lands three new tenants and five renewals over five months, defying a Los Angeles office sector grappling...

Skyline of Los Angeles with the railroad in the foreground
AECCommercialFeaturedIndustry NewsLos AngelesRetail

LA Metro Punches Subway Beneath Wilshire, Rewriting the Mid-Wilshire CRE Map Ahead of the World Cup

The $3.1 billion first phase of LA Metro’s D Line extension delivers three underground stations along the region’s densest office spine, handing landlords...

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