Yardi Matrix
Borstein Enterprises Lands $72.5MM Refinancing on 507,000 SQFT Alameda Business Centre in Los Angeles
The longtime owner tapped Bank of America for fresh debt on a four-building industrial campus it has held since developing the site nearly...
Irvine Leads Southern California in Apartment-Size Gains as Los Angeles Floor Plans Shrink
Irvine recorded one of the largest increases in apartment size of any city in the country over the past decade, widening the gulf...
Costco Acquires 195,000 SQFT Costco Plaza in Alhambra from Kimco for $58.9MM
Kimco Realty has sold the six-building Costco Plaza in Alhambra to its anchor tenant, Costco Wholesale, in the center's first-ever ownership change since...
Travelers Club Luggage Buys 151,000 SQFT Santa Fe Springs Distribution Center from Ares for $51MM
Travelers Club Luggage has acquired the Class A GLP Mid-Counties Distribution Center in Santa Fe Springs from Ares Management for $51.3 million, an...
WareSpace Grabs 441,000 SQFT Portfolio From Blackstone’s Link Logistics, Planting Flags in San Diego and the Inland Empire
WareSpace closed its first portfolio-level acquisition, paying an undisclosed sum for a five-building, 441,000-square-foot collection sold by Blackstone’s Link Logistics, and pushing its...
Westport Properties Delivers 183,000 SQFT, 1,402-Unit Self-Storage Project in Covina on $8MM Former Church Site
Newport Beach-based Westport Properties has completed a four-story self-storage building at 529 Cutter Way in Covina, converting a former Faith Community Church of...
PCCP, Alliance Residential Pay $65.3MM for 184-Unit Hawthorne Apartments in Riverside
A joint venture of PCCP and Alliance Residential Co. has acquired The Hawthorne, a 184-unit garden-style community in Riverside, for $65.3 million, a...
MJW Investments Launches Debut $100MM Student Housing Fund
Sawtelle-based MJW Investments is doubling down on student housing with its first institutional fund, targeting value-add assets near Tier 1 universities nationwide.
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...
New Construction 118-Unit Apartment Building Hits the Market on Western Avenue in South Los Angeles
The seven-story building at 4186 S Western Avenue, located in a Qualified Opportunity Zone, targets affordable and workforce housing investors ahead of its...
State Housing Law Forces West Hollywood to Greenlight Faring’s 126-Unit Bond Hotel and Residences
A 4-1 council vote ends a multi-year entitlement fight on Santa Monica Boulevard and clears one of the city’s most contested infill sites...
West Capital Lending Pays $23.75MM for 104,000 SQFT Irvine Office Building in HQ Move
The mortgage brokerage takes half the Class A Airport Area building for its new corporate headquarters in an owner-user acquisition priced 30 percent...
