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

Multifamily Property nVe at Fairfax Sells for $36 Million

Jobs boost WeHo/Fairfax rental market

The nVe at Fairfax, a 63-unit multifamily property just outside of West Hollywood, sold for $36 million.

Hip Hooray: Highland Park Has History — and Property Prices — on Its Side

Cool Enclave Welcomes Families

History and hipsters have converged in family-friendly Highland Park.

Big Dealer: Rexford Piles Up the Properties in the Industrial Space

Industrial Rents Up 200% in 10 Years

The industrial sector has been one of real estate’s hottest asset classes since the recession, and that has been a boon to Rexford Industrial Realty Inc.

Los Angeles County Real Estate Market, 4th Quarter 2019

Submarket Data Summary

Quarterly highlights from every submarket of L.A. County in the Real Estate Quarterly Special Report.

Aragon Closes $1.9 Billion Sale

Largest multifamily deal since 2016

Westwood-based Aragon Holdings sold a portfolio of 36 apartment properties for $1.85 billion to Norfolk, Va.-based Harbor Group International.

Multifamily Properties Secure Loans

$130M in funding goes to Paramount renovation, Azusa development

Two loans totaling more than $130 million were announced for multifamily properties in Paramount and Azusa last week.

Rios Clementi Partners Depart to Form New Studio

Smith-Clementi goes small but globa

Renowned architects Julie Smith-Clementi and Frank Clementi, founding partners at Leimert Park-based Rios Clementi Hale Studios, have launched a new design firm.

MWest Sells Properties for $64 Million

Buildings restored in Los Feliz, Westlake

Developer MWest Holdings sold two multifamily properties for a total of more than $64 million.

Making His Mark

Related California’s Bill Witte continues to guide iconic projects

Related California’s Bill Witte, one of the largest developers of multifamily housing in L.A., weighs in on L.A. real estate, affordable housing and more.

Optimus Adds to BH Portfolio

Company pays $15 million for Golden Triangle site

Optimus Properties is betting bigger on Beverly Hills’ famed Golden Triangle with the purchase of another building.

Vella Group Focuses on LA Opportunities

New York company targets Arts District, Hawthorne

Zach Vella, the principal of New York-based Vella Group, is shifting his real estate investment buying focus to the L.A. market where, he says, big New York firms now largely fear to tread.