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Sale of Gershwin Apartments Underscores Hollywood Demand
News 1 day ago
Sale of Gershwin Apartments Underscores Hollywood Demand

Hollywood landmark property the Gershwin Apartments has traded hands between two private investors for $46 million. The transaction took 35 days to...

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Construction Begins on Deerlake Ranch
News 3 days ago
Construction Begins on Deerlake Ranch

A joint venture between Foremost Companies and an affiliate of Starwood Capital Group has started construction of Deerlake Ranch. The master...

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Long Beach Revitalization Hits Historic Properties
News 3 days ago
Long Beach Revitalization Hits Historic Properties

Pacific 6 has acquired two historic buildings in Downtown Long Beach with plans to renovate and revitalize the assets. The projects are part of the...

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Tony Eaton Named California President of Land Advisors
News 3 days ago
Tony Eaton Named California President of Land Advisors

Land Advisors has named Tony Eaton as president of Land Advisors Organization - California Division. He brings 15 years of experience to the firm,...

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Hospitality and Multifamily Are Merging
News 4 days ago
Hospitality and Multifamily Are Merging

The worlds of hospitality and multifamily are becoming more intertwined. Multifamily owners are incorporating more amenities and services into...

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20-Year Multifamily Finally Opens in Burbank
News 5 days ago
20-Year Multifamily Finally Opens in Burbank

Developer Cusumano Real Estate Group has completed construction of Talaria Burbank, a 241-unit apartment project in Burbank. Part of the Media...

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Retail Veteran El Warner Moves to Colliers
News 5 days ago
Retail Veteran El Warner Moves to Colliers

Retail veteran El Warner has joined Colliers International as EVP, GlobeSt.com reports exclusively. Warner joins the firm from Matthews Realty...

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CRE Tech Investments Volume Up in April
News 6 days ago
CRE Tech Investments Volume Up in April

Commercial global real estate tech investment volumes increased in April. According to research from CRETech, tech investment in the industry...

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DTLA Nabs L.A.’s Biggest Lease Deal Yet in 2019
News 6 days ago
DTLA Nabs L.A.’s Biggest Lease Deal Yet in 2019

Downtown Los Angeles currently has the largest lease transaction yet in 2019. L. A. Care Health Plan has signed a 370,000-square-foot lease at 1200...

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GPI Cos. Names New Director
News 6 days ago
GPI Cos. Names New Director

GPI Cos. has names David Woodbury as director. In the position, he will focus on acquisition, development and asset management for the firm, which...

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How L.A.’s Green New Deal Will Impact Property Owners
News 1 week ago
How L.A.’s Green New Deal Will Impact Property Owners

Los Angeles has presented its own version of the Green New Deal. The sustainability plan is to increase the city's current energy reduction goals....

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Long Beach Port Welcomes New Director of Finance
News 1 week ago
Long Beach Port Welcomes New Director of Finance

The Port of Long Beach has named Wei Chi as its new director of finance. Chi returns to the port after serving at the Los Angeles World Airport as...

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Low Interest Rates Bring Borrower Demand Back
News 1 week ago
Low Interest Rates Bring Borrower Demand Back

Borrower demand has rebounded in the start of the year. At the end of 2018, borrowers put financing plans on hold following interest rate increases...

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The Housing Policy Helping to Relieve the Affordability Problem
News 1 week ago
The Housing Policy Helping to Relieve the Affordability Problem

Housing policy has a huge impact on housing development and housing affordability. No doubt, Los Angeles is suffering from housing policy issues,...

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JV Wins Competitive Redevelopment Apartment Deal in Redondo Beach
News 1 week ago
JV Wins Competitive Redevelopment Apartment Deal in Redondo Beach

A joint venture between IDEAL Capital Group and Aegon Real Assets US has acquired Novella Redondo, a 105-unit apartment complex in Redondo Beach,...

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Pacific Industrial Closes Largest CA Deal in 2 Years
News 1 week ago
Pacific Industrial Closes Largest CA Deal in 2 Years

Pacific Industrial has sold the Sierra Pacific Center, a 1.46 million square foot class-A industrial property in the Inland Empire, for $213.4...

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Access to Talent Is The Real Driver Behind DTLA’s Growth
News 2 weeks ago
Access to Talent Is The Real Driver Behind DTLA’s Growth

Downtown Los Angeles is growing rapidly across asset classes. Office has been the most recent sector to benefit from the market development, and...

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The Mogharebi Group Wins Power Broker Award
News 2 weeks ago
The Mogharebi Group Wins Power Broker Award

The Mogharebi Group has won Co-Star's power broker award for the Fresno metro area. The award honors professionals with the highest transaction...

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L.A. Construction Costs Up 4.4%
News 2 weeks ago
L.A. Construction Costs Up 4.4%

Construction costs in Los Angeles are increasing below the national average and several other popular West Coast markets. According to property and...

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Allen Matkins Names Two New Partners
News 2 weeks ago
Allen Matkins Names Two New Partners

Real estate law firm Allen Matkins has named Ariel Shaeps and Elizabeth Wilgenburg as partner. The two attorneys are based in the firm's Century...

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Prologis Graduates First Class of Students from New Workforce Initiative
News 2 weeks ago
Prologis Graduates First Class of Students from New Workforce Initiative

CHICAGO-Logistics real estate firm Prologis has successfully launched its first community workforce initiative in the City of Chicago. The San...

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New Construction Dialysis Center Trades in All-Cash Deal
News 2 weeks ago
New Construction Dialysis Center Trades in All-Cash Deal

Genesis KC Development sells a new construction dialysis development in Carson in a competitive all-cash transaction. The Corotto Co. Inc....

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Developers Are Taking Environmentally Challenged Industrial Sites
News 2 weeks ago
Developers Are Taking Environmentally Challenged Industrial Sites

Developer Xebec has acquired a 10-acre land site east of Downtown Los Angeles, GlobeSt.com has learned exclusively. The site had fallen out of...

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Wells Fargo Sells 11 Low-Income Projects
News 2 weeks ago
Wells Fargo Sells 11 Low-Income Projects

Wells Fargo has sold 11 low-income tax credit housing projects in the State of California. The assets traded for a combined total of $57.5 million,...

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Sunrise Targets Los Angeles as Growth Market
News 2 weeks ago
Sunrise Targets Los Angeles as Growth Market

Property management firm Sunrise Management has pegged Los Angeles as one of its top growth markets. With a rapidly growing portfolio of apartment...

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BH Properties Enters Leased Fee Market
News 2 weeks ago
BH Properties Enters Leased Fee Market

BH Properties is targeting the leased fee market, a niche real estate investment with potential for upside. According to the firm, land fee real...

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Kelly M. Farrell Becomes New CEO of CallisonRTKL
News 2 weeks ago
Kelly M. Farrell Becomes New CEO of CallisonRTKL

Kelly M. Farrell has been named president and CEO of architecture firm CallisonRTKL, an affiliate of Arcadis. A 20-year industry veteran and...

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Luxury Housing Sales Are Soaring
News 2 weeks ago
Luxury Housing Sales Are Soaring

Despite the affordability crisis, luxury-housing product continues to see high demand. Developer Palisades has reached 50% sold in its 56-unit...

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Beverly Hills Medical Office Catches High Demand
News 3 weeks ago
Beverly Hills Medical Office Catches High Demand

Private investor AHO LLC has acquired a 16,889-square-foot medical office property located at 864 South Robertson Boulevard near Beverly Hills....

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Inside Passco’s Senior Housing Strategy
News 3 weeks ago
Inside Passco’s Senior Housing Strategy

Passco Cos. Development is expanding its ground-up development and value-add development platforms, and recently welcomed Casey P. Levy back to the...

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