Sukut Real Properties has secured a nine-figure refinancing loan for industrial properties across Southern California. The Santa Ana-based investment affiliate of Sukut Construction got a five-year, $130 million loan for 21 properties ...
MetLife Investment Management is the new owner of a two-tower office campus in Newport Beach. The San Francisco-based firm paid $70 million via the assumption of a loan for the East and West Towers of Koll Center Newport, the Orange ...
The Los Angeles Convention Center’s long journey to expansion approval is seemingly nearing an end. On Friday, the Los Angeles City Council voted to proceed with the latest plans to expand the downtown L.A. building with 190,000 ...
Los Angeles County’s residential market perked up last week as buyers and sellers found ways to move forward on deals. Countywide, 25 single-family homes and condos went into contract last week, which equated to $230.6 million in ...
A boutique hotel in Burbank is headed for a makeover after securing crucial funds. Nimes Real Estate will receive $55 million of bridge financing to recapitalize the Hotel Amarano Burbank-Hollywood, Commercial Observer reported. ...
Legacy Partners purchased an apartment community located in Azusa for $91.8 million. Azusa Pacific University sold the vacant apartments to the privately owned real estate company, per property records recorded earlier this month. The ...
The Magic Castle might have a new trick up its sleeve. Owner Randy Pitchford has proposed a wide-reaching reorganization of the business that would take operational control and most revenue streams for the property from the Academy of ...
Los Angeles-based developer CIM Group is looking to erect another mixed-use apartment complex in West Adams. The firm, headquartered in Mid-Wilshire, submitted an application to the Los Angeles Department of City Planning seeking ...
The biggest multifamily sale in Glendale over the last quarter was 600 North Central Avenue, which The Sobrato Organization nabbed for $126 million, according to Los Angeles County tax assessor records, a whopping price that topped the ...
It goes without saying, but pictures or social media posts aren’t always worth 1,000 words. That rang particularly true this past week on a ride through parts of the Palisades with local brokerage owner Anthony Marguleas, founder of ...