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June 14, 2025
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LOS ANGELES COUNTY NEWS
Archive
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• Essex Property Trust Completes Over $600 Mil in Multifamily Transactions So Far in 2025
4/07/25
Institutional multifamily owner Essex Property Trust has completed five California apartment trades totaling over $700 mil so far in 2025. The deals consist of three Northern California acquisitions for $345 mil and two South...
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• Jim Kruse Joins NAI Capital Commercial
4/07/25
Jim Kruse has been appointed Director of Brokerage at NAI Capital Commercial for its 13 offices across Southern California. Based out of the West Los Angeles office, Kruse will focus on developing an industry-leading brokerag...
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• Kingsbarn Realty Capital Spends $115 Mil on Hollywood Class A Office Building
4/03/25
Kingsbarn Realty Capital closed on the $105 mil acquisition of 1601 Vine, a 115.6k sf ($908/sf), Class A office building located at 1601 Vine St, just south of Hollywood Blvd in Hollywood. The property, anchored by Skims Body...
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• Grubb Properties Secures $21 Mil Financing for Res Development Project in L.A.’s Koreatown
4/03/25
Grubb Properties has obtained a $21 mil land and predevelopment loan for the recapitalization of a 2.1-acre site in the heart of the Los Angeles’ Koreatown neighborhood. The land is fully entitled for development of Link Apar...
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• Here are the CRE Experts Who Spoke at the Greater L.A. State of the Market Conference
4/02/25
Below are pics of the participants who spoke on the industrial, office, finance, retail and multifamily panels, along with the L.A. market report, at RENTV's 2025 Greater Los Angeles State of the Market Conference, held on Ma...
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• Work Finished on First Phase of 292-Unit Res Community in Duarte
4/02/25
The first phase of Solana at Duarte Station, a $97 mil, three-phase luxury apartment community located on a 3.43-acre site in Duarte, has been completed. The multifamily development was built by R.D. Olson Construction on beh...
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• Hudson Pacific Completes $475 Million CMBS Financing
4/01/25
Hudson Pacific Properties has secured commercial mortgage-backed securities (“CMBS”) financing for a portfolio of six office properties with total gross proceeds of $475 mil. The portfolio, which comprises assets located thro...
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• Safco Capital Corp Closes $38 Mil Industrial Buy in the City of Industry
4/01/25
Safco Capital Corp purchased a 184.8k sf industrial property in the City of Industry for $38 mil, or $206/sf. The property, which is fully leased to Cenveo, the nation's largest envelope manufacturer, is located at 705 Baldwi...
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• Three-Property, 430-Unit Seniors Housing Portfolio in AZ and CA Lands $240 Mil in Tax-Exempt and Taxable Bond Financing
4/01/25
The Integrated Senior Foundation has obtained $239.7 mil in tax-exempt and taxable bond financing for the Ativo Portfolio, a three-property, 430-unit seniors housing portfolio in Arizona and California. The portfolio, which...
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• Work Gets Underway on 96-Unit Affordable Housing Project in Los Angeles’ Rose Hill Neighborhood
3/31/25
Work has begun on phase II of Rose Hill Courts, a 96-unit affordable housing project in Los Angeles. The development, located at 3521 North McKenzie Ave, east of the 110 Fwy and north of Huntington Dr in the city’s Rose Hill ...
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• ColourPop Cosmetics Subleases 11.5k sf Encino Office Space
3/28/25
ColourPop Cosmetics LLC subleased 11.5k sf of office space in Sherman Oaks. The firm’s deal is at Valley Office Plaza, a 13-story Class A high-rise located at 15233 Ventura Blvd, at the corner with Sepulveda Blvd. The prime ...
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• Community Preservation Partners Acquires 49-Unit Affordable Housing Community in Baldwin Park
3/28/25
Community Preservation Partners (CPP) has acquired a 49-unit affordable housing complex in Baldwin Park with plans to make significant renovations and maintain the property as an affordable housing community. The property, Ra...
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• Commercial Real Estate Financing Briefs
3/25/25
BOLOUR ASSOCIATES -- Bolour Associates Inc has provided a $19 mil, 12-month cash-out refinance loan through its affiliate, BA Debt Fund LLC (BOLOUR), for a 106k sf retail center located at 8601 Baseline Rd in Rancho Cucamonga...
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• Temple City Apartment Building Sells for $275k/Unit
3/24/25
A 12-unit multifamily property in Temple City sold for $3.3 mil, or $275k/unit. The property is located at 5109 Tyler Ave, west of I-605 and north of I-10. The property, which has not been sold in over 37 years, features a m...
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• New 292-Unit Res Community in Duarte Opens to the Public
3/24/25
Solana at Duarte Station, a 292-unit, five-story luxury apartment community in the San Gabriel Valley city of Duarte, has opened its doors with residents who signed up during pre-leasing activity now moving in. The project, l...
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• Commercial Real Estate Financing Briefs
3/21/25
MARCUS & MILLICHAP CAPITAL CORPORATION – Dan Litman with Marcus & Millichap Capital Corporation arranged a $16.85 mil refi on Le Noble Apartment Homes, a luxury 46-unit multifamily property located at 5768 West 3rd St in Los ...
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• SoCal Brokerage Veteran Tony Morales Joins CBRE as Vice Chair
3/20/25
Tony Morales has joined CBRE’s Advisory & Transaction team in Los Angeles as a Vice Chair, the highest title for producers within the company. Morales specializes in office tenant representation across Southern California, as...
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• Trio Manufacturing Leases 123k sf Industrial Facility in Carson
3/19/25
Trio Manufacturing Inc agreed to a 126-month lease for a 123.2k sf industrial facility in Carson, in a deal worth roughly $20 mil ($1.29/sf/mo). The property, at 17006 S. Figueroa St, just east of I-110 and north of the 91 Fw...
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• The Swig Company Wraps Up Renovations on Santa Monica Creative Office Building
3/17/25
The Swig Company recently completed significant renovations to the interior and exterior of the building at 3130 Wilshire, enhancing the six-story, 100k sf creative office building’s appeal and functionality for both existing...
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• Expo Flooring Buys Its Central L.A. Warehouse Location in $4.75 Mil Deal
3/17/25
Expo Flooring has acquired the 15.8k sf warehouse facility in Central Los Angeles that it has occupied since 2016 in a $4.75 mil, off-market purchase. The building, sitting on a 23.3k sf site at 1933 Alameda St, just south of...
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