RectorSeal Leases 240k sf at Tejon Ranch
12/11/23
Deal takes half of a 480k sf facility at the 1,450-acre, master-planned development

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PACE Facility in Long Beach Trades Hands
12/06/23
Deal is for 16k sf WelbeHealth Long Beach Center

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Commercial Real Estate Financing Briefs
12/05/23
Recent transactions from JLL Capital Markets, Gantry, Bandon Capital Advisors and BWE

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Watch Interview with Fidelity Mortgage Lenders' Founder & President Chuck Hershson
12/05/23
In this latest episode of Commercial Real Estate Talk with Steve and Arnie, Chuck Hershson "Uncle Chuck", discusses: his start in the commercial real estate lending business; how his business has evolved over 50 years; his major successes and memorable failures, and how he has learned from them; and more.

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Clarion Partners LLC and Baranof Holdings Buy 677-Unit L.A. Area Self-Storage Asset
12/01/23
South Pasadena Storage sold by Gelt Ventures

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Harbor Associates LLC and Evergen Equity Spend $55 Mil on L.A. Area Industrial Portfolio
11/28/23
Purchase is for 126k sf of improvements on 7.5 acres

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Mason Waite Named Managing Director of Asset Management at BKM Capital Partners
11/27/23
He will also serve on the Investment Committee for the company

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Los Angeles Apartment Property Sells for $647k/Unit
11/27/23
Newly constructed four-unit asset is in the city’s Pico Union submarket

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Traveler’s Insurance Leases 41k sf of Office Space in the San Gabriel Valley
11/22/23
Deal is at Gateway Corporate Center in Diamond Bar

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Steinhauer Properties Acquires Long Beach Site for Planned Hard Rock Hotel
11/17/23
Gantry arranges $8.75 mil for land buy

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Apartment Property in L.A.’s Koreatown Sells for $225k/Unit
11/17/23
10-unit asset was built in 1922

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Single-Tenant El Segundo Building Lands $15 Mil Refi
11/16/23
New loan on 51k sf flex/office property arranged by Gantry

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Waterfront Redevelopment Opportunity Listed in Downtown Long Beach
11/15/23
4.73-acre site is part of the Golden Shore masterplan

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First Retail Tenants at New Hollywood Park Mixed-Use Campus Project Have Opened their Doors
11/14/23
Upon build-out, 300-acre development expected to offer 2,500 residences, a 300-room hotel, up to 890k sf of retail and up to 5 msf of creative office space

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L.A. Medical Center Wins Multi-Million Dollar Tax Dispute with LA County Assessor
11/15/23
Paramount Property Tax Appeal gets valuation dropped from $114 mil to $44.5 mil

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Sales Volumes in L.A. County's Commercial Real Estate Drop as Cap Rates Rise Amid the Fed's Rate Pause
11/13/23
3rd quarter report from NAI Capital Commercial suggests interest rates, taxation changes and shifting market dynamics responsible for changing market conditions

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Private Investor Pays $344k/Unit for Apartment Property in L.A.’s Hancock Park
11/13/23
Deal closes at a cap rate of 4.3%

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West Hollywood Apartment Property Trades at 4.85% Cap Rate
11/10/23
12-unit structure was built in 1957

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West Covina Apartment Property Trades for $40 Mil
11/09/23
B.A.G. Investments Inc purchases 140-unit Sunset Square for $286k/unit

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Apartment Property in Old Town Torrance Goes for $437k/Unit
11/09/23
11-unit asset picked up by local exchange investor

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Cerritos Office Building is Traded
11/08/23
Deal is for 192k sf asset at 18000 Studebaker Road

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BLT Enterprises Finishes Renovations at Hollywood Soundstage Property
11/06/23
Firm made interior, exterior and HVAC upgrades to three-stage asset

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San Gabriel Shopping Center Purchased for $10 Mil by 1031 Exchange Investor
11/03/23
Las Tunas Plaza goes for $571/sf

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Work Underway on New 70k sf Building for Malibu High School
11/02/23
State-of-the-art structure is being built by C.W. Driver Companies

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San Fernando Valley Res Community Sale Goes for $106 Mil
11/01/23
280-unit Summerset Village comes in at $381k/unit

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Exchange Investor’s Car Wash Buy is Pure BLISS
10/31/23
Valencia ground lease trade goes for $3.72 mil

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Res Community in L.A.’s Playa Vista Area Lands New Loan of $115 Mil
10/27/23
JLL arranges financing on 405-unit The Ventana Luxury Apartments

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Pomona Res Community Sells in $35 Mil Transaction
10/26/23
138-unit Terramonte at Foothill goes for $257k/unit

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L.A. County Retail Vacancies Hit All-Time High of 18.2 msf
10/26/23
NAI Capital Commercial third quarter 2023 snapshot of the market suggests downturn is slowing

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Apartment Property in L.A.’s Silver Lake Neighborhood Sells for $573k/Unit
10/24/23
21-unit asset is near to many large employers offering high paying jobs

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CapRock Partners Secures $32.9 Mil Loan on San Dimas Industrial Property
10/23/23
JLL arranges money on 165k sf facility

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Wimatex Inc Buys Vernon Shopping Center for $4.7 Mil
10/23/23
14k sf asset goes for $336/sf

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Santa Fe Springs Industrial Property Trades in $10.5 Mil Deal
10/23/23
Vacant 31k sf facility purchased by Fortress Investment Group

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