REAL ESTATE
Recent and archived news stories on: Commercial real estate, residential real estate, housing, architecture, engineering, real estate brokers, construction, property development, property management
IRG Raises Bond Offering of $275 Million
Sawtelle-based Industrial Realty Group has completed a bond offering of $275 million, bringing its total financing in the last year to more than $1 billion.
Tallest Echo Park Office Building Sells for $51 Million
The largest office building in Echo Park has sold for $51 million.
Kennedy Wilson Gets $300M in Preferred Equity
Toronto-based Fairfax Financial Holdings Ltd. has agreed to make a $300 million preferred equity investment in Beverly Hills-based Kennedy-Wilson Holdings Inc.
Glendale Office Building Gets $145M Loan
An office tower in Glendale known as Glendale Plaza has received a $145 million loan.
Azure Signs 14-Home Deal, Puts Down Roots in Culver City
Culver City-based Azure Printed Homes is ramping up production, recently opening a factory in Culver City and having been chosen to create 14 prefabricated homes for Oasis Development, a project owned by Ken Bagga, who also owns Oasis Inn & Suites in Ridgecrest.
Westside Apartment Building Portfolio Sells for $30M
Culver City-based LA Apartments has purchased a portfolio consisting of 99 multifamily units on the Westside for $30 million from a family trust.
Prodalim Group USA Leases South Gate Industrial Site
Israel-based beverage company Prodalim Group USA has signed a 10-year lease worth approximately $17 million for an industrial property in South Gate.
L.A. Rising: Burbank
Numerous projects are either under construction or in development in Burbank.
Long Beach Multifamily Building Sells for $49 Million
Sherman Oaks-based MWest Holdings purchased the 94-unit property.
Claridge Eyes Development in Downtown, Affordable Housing
Ricardo Pagan, founder and chief executive of downtown-based Claridge Properties, came from humble beginnings but he has worked to put himself on the map with notable projects nationwide.
Cityview Plans More Multifamily Development, Acquisitions
Century City-based multifamily developer Cityview has been expanding rapidly despite the pandemic.
Short-Term Rental Company AvantStay Raises $500 Million
West Hollywood-based short-term rental company AvantStay Inc. has raised a $500 million property company (propco) funding round.
AJU to Sell Bel Air Campus
The American Jewish University plans to sell its campus in Bel Air while expanding its digital and in-person offerings.
Rexford Purchases Industrial Properties for $170 Million
Getting off to a busy start this year, Sawtelle-based Rexford Industrial Realty Inc. acquired $170 million worth of industrial properties in January and February.
Investor Interest in Retail Real Estate Soars
Despite the pandemic, a number of large retail sales were completed in L.A. during the second half of 2021.
Prev Next
Not Today