Westwood-based Base Equities, an investment company focusing on preferred equity in commercial real estate assets, has formed a joint venture partnership with Maryland-based Alex Brown Realty.
Buck Design, a creative agency, has purchased an office building in Little Tokyo for $26.5 million.
Newport Beach-based MetroGroup Realty Finance has arranged $58.7 million in financing for seven industrial properties in L.A. and Orange counties.
Jeff Hyland and Rick Hilton founded their brokerage in 1993 and quickly grew.
Tenants among in the 300,000-square-feet include Ralphs Supermarket, Nordstrom Rack, Barnes & Noble, AMC Theaters, LA Fitness and Howards Appliances.
A joint venture has acquired a multifamily property to be converted to middle-income housing.
A 410,920-square-foot tower in downtown Long Beach known as the Shoreline Square has sold for $85.5 million.
Plano, Texas-based Granite Properties has launched a new flexible office offering, dubbed Ready Collective, with locations in Glendale and Houston.
A 107-unit apartment complex in Torrance has sold for $49.5 million.
Reframe Studios has sold for $92.5 million, according to a source familiar with the deal.
A 117,000-square-foot industrial building located near Glendale at 2800 Casitas Ave. sold in an off-market deal for $43 million.
The LABJ Interview
Watt Cos. has long been a major player in the L.A. real estate scene, and now it's expanding out of state.
Beverly Hills-based BLDG Partners and the California Municipal Finance Authority have acquired a 306-unit multifamily property in Paramount for $128.5 million.
A luxury apartment complex in downtown near L.A. Live has received a $90 million permanent placement loan.
Sawtelle-based architecture firm Nadel Inc. has named Anthony Sanchez as a principal and shareholder in the firm, with plans to grow under his leadership.