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

More Than $300 Million in Mortgage Loans Set for 2 Properties

The THEA at Metropolis and L’Ermitage Beverly Hills have received more than $300 million in first mortgage loans.

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Sale Leasebacks Expected to Become Increasingly Popular

After seeing increased popularity in the third quarter, sale leaseback deals seem poised for strong growth in the months ahead.

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Northwestern Mutual Pays $166 Million for Santa Monica Office Campus

Office sales may have slowed during the Covid-19 pandemic, but some big transactions are still taking place.

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Multifamily Portfolio Sells for $142 Million

Raintree Partners has purchased a multifamily portfolio for $142 million from an unnamed private seller.

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Retail Real Estate Market Shows Some Life After Months of Struggle

Covid-19 has affected the retail environment, with a rapid shift to ecommerce reshaping the shopping experience for businesses and consumers.

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TenantBase Looks to Ease Office Leasing Process With Digital Platform

Santa Monica-based commercial real estate platform TenantBase Inc., which connects tenants with office space that’s available for lease, is growing through new partnerships and expanding into new markets.

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Safco Capital Acquires West LA Office Building for $12 Million

A three-story office building in West Los Angeles known as Camden Gardens has sold for nearly $12 million.

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Long Beach Apartment Buildings Sell for $14 Million

A portfolio of seven apartment buildings with a combined 60 units has sold in Long Beach for $14 million.

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Rexford Pays $340 Million for Industrial Properties

Brentwood-based Rexford Industrial Realty Inc. has purchased a four-building industrial park and a three-tenant industrial property for a combined $339.2 million.

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Dominguez Industrial Property Sells for $37 Million

An industrial building in West Rancho Dominguez has sold for $37.3 million to Cohen Asset Management Inc.

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Lundquist Institute Approved to Create Biotech Park Near Torrance

The Lundquist Institute’s proposal for a 15-acre biotech park near Torrance has been approved by the Los Angeles County Board of Supervisors.

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Monterey Park Industrial Site Sells for $8 Million

A private investor purchased an industrial building in Monterey Park for $7.9 million, or $175 per square foot, the largest industrial sale in the city this year.

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Koreatown Multifamily Site Sells for $10 Million

Manhattan 20 has acquired a multifamily property in Koreatown for $10.3 million from La Palma Professional Center, which can be traced to Koreatown-based Jamison.

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Electronic Arts to Leave Playa Vista for Del Rey

Electronic Arts plans to leave its longtime offices in Playa Vista and has signed a 10-year lease for new studio headquarters at a Del Rey office campus.

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Lundquist Institute Approved to Build Big Biotech Park Near Torrance

The Lundquist Institute’s proposal for a 15-acre biotech park near Torrance has been approved by the Los Angeles County Board of Supervisors.

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