Reporter (Real Estate)
Developer will use funds for project in Koreatown
Woodland Hills-based CGI Strategies has received a $47.8 million construction loan from an unnamed national lender for a project in Koreatown.
Company seeks multifamily opportunities
Santa Monica-based MJW Investments is creating a $500 million fund to invest in value-add multifamily, student housing and more.
Work underway at big-ticket sites in Pasadena, DTLA
The office space construction boom in Los Angeles is extending to large properties in Pasadena and downtown.
Company buys out partner Pacific Castle for $67 million
Santa Ana-based Mamo Properties Inc. bought out Irvine-based partner Pacific Castle Management Inc.’s share of the Long Beach Marketplace for $67 million.
Site could see mixed-use development
A development site at the intersection of Santa Monica and La Cienega boulevards has sold for $22.5 million.
Mixed-use Cumulus towers will anchor revitalized area
On the edge of West Adams, Cumulus is rising. Developer Carmel Partners Inc.’s project sits on 11 acres near the Expo Line.
Features affordable senior housing
An apartment building in the Little Armenia neighborhood of East Hollywood has sold for $48 million.
Coworking club will occupy former Snap office space
Coworking-meets-social-club company NeueHouse is expanding in Los Angeles by opening a location in Venice Beach.
Apartment building has 60 units
A trust has purchased a 60-unit apartment building in Glendale from an individual for $28 million.
Developer dials up multifamily projects
After recent leadership changes that included Nadine Watt taking on the title of chief executive, Watt Cos. is again focused on housing.