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February 21, 2024
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• Mark Your Calendar => December 6 is RENTV's Annual San Fernando Valley / Tri-Cities State of the Market Conference
Hear and network with many of the leading industry pros who will provide their expert insight on the office, industrial, retail and multifamily markets for the region at this important event.
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• L.A. Jumps to Second Place for Office Rent Growth among CBRE’s Tech-30
This report provided to us by real estate services firm CBRE Buoyed by double-digit tech-sector employment growth, Los Angeles ranked second among the 30 leading tech markets for office rent growth, up from 12th place during...
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• Construction Completed on $130 Mil Development at Chapman University in Orange
C.W. Driver Companies has completed construction of Chapman University’s Keck Center for Science and Engineering in Orange. The 149.7k sf, state-of-the-art education and research facility is the largest, most expensive and mo...
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• Industry Pros from L.A.'s South Bay & Long Beach Share Insight at RENTV Conference
Last Thursday, October 25, at RENTV's third Annual State of the Market Conference, some of the leading commercial real estate industry executives active in L.A.'s South Bay and Long Beach region offered their expert insight a...
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• Draftsmen & Craftsmen
Construction is finished on AMP&RSAND, a 330k sf, Class A creative office center located on San Diego Union-Tribune’s former headquarters in the Mission Valley area of San Diego. The project, a development of Casey Brown Comp...
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• Self-Storage Portfolio in Los Angeles and Houston Trades Hands
A well-capitalized, national owner/operator has purchased the Self Storage 1 portfolio encompassing two trophy self storage properties in Los Angeles and Houston. Totaling more than 158k sf, the assets are purpose built, inst...
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• BLT Enterprises Completes 64k sf Industrial Facility in San Diego
BLT Enterprises has completed construction on a 63.8k sf, spec industrial building in the Kearny Mesa area of San Diego. The new, $12 mil development features an all concrete and steel structure, 30 ft. minimum clear heights,...
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• 2018 Median Housing Rents Exceed 40% Throughout All Parts of Southern California
This report was provided by USC Lusk Center The 2018 University of Southern California Casden Economics Forecast leaves little doubt that the affordable housing crisis is not exclusive to low-income households. In fact, this...
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• Construction Quick Take
Construction is humming along at the site of the iconic Century Plaza Hotel in Century City, which is undergoing a $2.5 bil, multi-building redevelopment by owner Woodridge Capital Partners, led by CEO Michael Rosenfeld. The ...
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• Office Market Continues on Solid Ground for San Diego
This report was provided to us by the San Diego office of real estate services firm Cushman & Wakefield. Cushman & Wakefield’s newly released office market report for San Diego showed overall market fundamentals remain on so...
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• Industry Veterans Launch Online Platform Catering to Middle Market Transactions
Biproxi, an online platform for middle-market commercial real estate sales and leasing, was just launched by industry veterans Gordon Smith, Yan Khamish, Carrington Guy and Thatcher Milholland. The site, which has secured see...
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• Draftsmen & Craftsmen
Construction has been completed on California State University, San Bernardino’s (CSUSB) new $78 mil, 152.6k sf student housing and dining commons. Located at 5500 University Pkwy, the 407-bed student housing complex and 750-...
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• Construction Quick Take
By Allen Wolfsheimer Here’s a pic taken a few days ago of the current state of construction on The Culver Steps, a 120k sf retail and office development next to the Culver Hotel in the heart of downtown Culver City. The proj...
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• Dominion Mortgage Corp Provides $11.6 Mil Loan for Construction of a Hyatt-Branded Hotel in Hollywood
Dominion Mortgage Corporation has provided an $11.6 mil construction loan for the development of a new, 64-room Hyatt-branded boutique hotel in Hollywood. The development is just a few blocks from the well-known intersection ...
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• BridgeCore Capital Introduces “Pay Rate” Lending Product
BridgeCore Capital Inc has commenced operations, offering an innovative approach to providing private bridge financing for commercial and non-owner-occupied residential properties throughout California. “BridgeCore is intro...
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• Los Angeles Jumps to Second in Ranking of Top Cities for Green Building Certifications
The nation’s largest cities are getting even greener, and Los Angeles is among those leading the pack, claiming the number two spot for the number of green-certified buildings with a total of 363 or the equivalent of about 11...
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• Wall of Capital Chasing Real Estate Assets, While Strong Economic Growth Keeping Cap Rates Stable
This report was provided to us by real estate services firm CBRE A wall of domestic and global capital, above-trend economic growth, and a continued low interest rate environment led to broadly stable capitalization rates fo...
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• Colliers International Acquires CBC Advisors in Glendale
Colliers International has acquired CBC Advisors in Glendale, making the Tri-Cities company Colliers’10th office in the Greater Los Angeles region. The former CBC Advisors office is comprised of 10 brokers specializing in t...
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• Home Affordability in California Drops to Lowest Level in 10 Years
Record home price increases and higher interest rates combined to constrain California housing affordability to the lowest levels in 10 years, according to the lates research from the California Association of Realtors® (C.A....
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• L.A. Westside Experts Provide Overview of the Region at RENTV Conference
RENTV's Westside Los Angeles State of the Market Conference included panels from the office, retail, multifamily and brokerage segments of the industry. The panel speakers are shown below.
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