LOS ANGELES—The crowd and institutional investors seem at odds, but in this EXCLUSIVE story, Patch of Land’s Jason Fritton, explains how he found a way for them to coexist.
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LOS ANGELES—The crowd and institutional investors seem at odds, but in this EXCLUSIVE story, Patch of Land’s Jason Fritton, explains how he found a way for them to coexist.
LOS ANGELES—While 3Q15 reports are showing West L.A. as the clear leader, Colliers International’s Hans Mumper talks about L.A.’s other top office markets in this EXCLUSIVE interview.
LOS ANGELES—Architecture firm KFA reimagines a distressed but historic hospital, believed to be haunted, into a stunning affordable senior living community.
LOS ANGELES—Speakers on the industry leaders panel at RealShare Apartments here last week say that there is no such thing as B or C quality apartments being constructed, therefore there are questions about the rental pool being diluted.
LOS ANGELES—The annual challenge that pits UCLA’s and USC’s future industry power players against each other has been behind a lot of great development projects.
LOS ANGELES—According to panelists on a special crowdfunding session at RealShare Apartments, start-ups will soon be more than just a popular alternative to traditional equity and debt offerings.
LOS ANGELES—Freddie Mac changes its seismic map to stay competitive with Fannie Mae, and we talk to Partner’s Drew McCreery EXCLUSIVELY to get an inside look.
LOS ANGELES—The multifamily investor continues to find phenomenal deals in the Salt Lake City market, where only 10 to 12 apartment 100-plus-unit properties trade each year, GlobeSt.com reports EXCLUSIVELY.
LOS ANGELES—Asking where we are in this cycle may be the wrong question, according to Stan Johnson’s Camille Renshaw, who talks about the metrics that are important to determining value and why investors should be shifting their portfolios in this EXCLUSIVE Net Lease West preview story.
LOS ANGELES—Affordable developers are being squeezed out of the market, thanks to the low interest rate environment and ample capital chasing market-rate deals, Ofer Elitzur of Cox, Castle & Nicholson says in this EXCLUSIVE interview.
LOS ANGELES—Panelists at RealShare Apartments last week talk downtown versus suburban risk, redevelopment versus new construction, and how the definition of Downtown is shifting.
LOS ANGELES—A disagreement over how to proceed in view of the energy sector’s current volatility proved to be the deal-broker, the two alternative asset managers said Tuesday
LOS ANGELES—While Congress finally nears approving a transportation bill, the delayed approval could mean disastrous impacts, according to Deonta Smith of IBISWorld.
SANTA MONICA, CA—Douglas Emmett Inc. has secured and interest only loan and will pay off existing financing.
MORENO VALLEY, CA—Bridge Investment Group buys the Reserve at Rancho Belago for $30 million, Sonnenblick-Eichner secures $49 million for a Hilton Gardens portfolio and a GSA spends $16 million on a downtown lease in this week’s wrap-up of deals.
LOS ANGELES—West L.A. shows the first negative signs of absorption in 12 quarters, but Colliers International’s Hans Mumper says the market is still the strongest in L.A., in this EXCLUSIVE story.
LOS ANGELES—Class-B and class-C office buildings are emerging as the most expensive assets in the downtown market, Charles Dunn’s George Crawford explains in this EXCLUSIVE interview.
LOS ANGELES—There is ‘urban core’ happening in the suburbs too, said one panelist on the investment panel at RealShare Apartments last week.
LOS ANGELES—The Bascom Group partners with the I Have A Dream Foundation and pledges to match up to $25,000 in donations at the RealShare Apartments Conference.
LOS ANGELES—Speakers on the brokerage panel at RealShare Apartments discuss value-add in multifamily, how the definition has dramatically changed and where things stand today in terms of opportunity.
LOS ANGELES—Although wage growth is a concern as it relates to rent increases, “we feel multifamily has plenty of legs left,” Freddie Mac’s Scott Croul told the RealShare Apartments audience Wednesday.
LOS ANGELES—Labor was noted as one of the biggest challenges in construction cost for multifamily development at RealShare Apartments. Panelists discuss one possible solution to the problem—modular construction.
LOS ANGELES—At the CoreNet Global Summit, leaders at the economic developers roundtable said that those terms are so used often, they have lost all meaning.
LOS ANGELES—According to a report from the UCLA Anderson School, homeownership will begin to rise and place a significant strain on the apartment boom by the end of 2016.
LOS ANGELES—Labor was noted as one of the biggest challenges in construction cost for multifamily development at RealShare Apartments. Panelists discuss one possible solution to the problem—modular construction.
LOS ANGELES—A multifamily borrower secures an 80% LTV loan to pay off acquisition financing on an apartment complex, underwriting at stabilized market rents with a 3.5% interest rate to make the deal happen, GlobeSt.com reports EXCLUSIVELY.
LOS ANGELES—Following a morning group yoga class at the CoreNet Global Summit, JLL’s Bernice Boucher talks about the link between employee wellbeing and engagement in an EXCLUSIVE interview.
CULVER CITY, CA—While industrial-to-creative office conversions are in vogue in Culver City, institutional capital is still making major investments in the market, GlobeSt.com reports in this UPDATE to a previous story.
LOS ANGELES—There are a few undeniable forces in multifamily demand—the BabyBoomers, Echo Boomers and the Millennials. One source at RealShare Apartments says while the downsizing empty nester isn’t an imaginary trend, it certainly won’t change the world dramatically.
LOS ANGELES—Griffin Capital’s institutional access real estate fund now has more than $250 million of assets under management, less than 30 days after announcing its $200 million milestone.
LOS ANGELES—Find out this afternoon and all day tomorrow at RealShare Apartments, where top experts convene to discuss every angle of the market. Here, some of them give us an EXCLUSIVE sneak peek.
LOS ANGELES—Are you prepared for 2018? At CoreNet Global’s annual summit Devin Fidler of the Institute for the Future, talks about the importance of looking ahead.
LOS ANGELES—Los Angeles relaunches the New Generation Fund to help affordable developers finance lofty preconstruction expenses, and Ofer Elitzur of Cox, Castle & Nicholson says it’s a great idea in this EXCLUSIVE interview.
LOS ANGELES—Hawkeye Partners chooses Coretrust for the Scout Program and will manage a $200 million fund Coretrust Value Fund I, focused on value-add office.
LOS ANGELES—Drones are impacting commercial real estate in a major way, delivering data with site images, construction projects and building details, like cracks, water leaks and mudslides.
LOS ANGELES—Think Millennials are devoted to tech? Generation Z uses almost double the number of technology devices of its elder generation, and they will want office spaces to match, GlobeSt.com reports in this UPDATE to a previous story.
LOS ANGELES—Massie Capital and Glenn & Shannon Dellimore secure 85% loan-to-cost financing for the purchase and renovation of the Gershwin Apartments, which is becoming the norm in this cycle.
LOS ANGELES—In this EXCLUSIVE interview, Scott Harmon of Noesis explains how property owners can finance water-saving upgrades in their buildings.
LOS ANGELES—Don’t be fooled by the Hollywood talk; the South Bay and Westside submarkets led the office market in the third quarter, according to the latest research from Cushman & Wakefield.
LOS ANGELES—Although USC has several multifamily developments popping up, the Shrine, a six-property vintage student-housing portfolio in the area, gets double-digit offers.
VERNON, CA—Xebec buys 12.6 acres of land in Vernon with plans to build a 203,000-square-foot industrial facility, and, while it doesn’t break ground until late November, tenants are already submitting proposals.
LOS ANGELES—Technological advancements, protection of intellectual capital and efficiencies in the supply chain are causing manufacturers to rethink foreign production, Colliers’ Dwight Hotchkiss tells GlobeSt.com in this EXCLUSIVE interview about the on-shoring trend.
LOS ANGELES—After a year of continuous appreciation, condo prices in Downtown Los Angeles are beginning to waver, with prices dropping 2% in September. Could prices have reached a plateau?
LOS ANGELES—Attention developers: CEQA Guidelines for tribal cultural resources have changed, and Michelle Hickey of Pircher, Nichols & Meeks explains what you need to know in this EXCLUSIVE interview.
LOS ANGELES—The brokerage firm forms a strategic alliance with UK-based brokerage house Gerald Eve to service clients in Western Europe—all part of its ongoing expansion efforts.
LOS ANGELES—We may be building for millennials today, but Gen Z, the following generation, is about to enter college, and they have a whole new set of culture traits.
ORANGE COUNTY, CA—PulteGroup buys massive land site to build a single-family community for adults over 55, ETCO Homes opens 460 Palms and HFF secures $28 million in financing for a five-property apartment portfolio in this week’s wrap-up of deals.
LOS ANGELES—Now, Metro Investments and P. Joseph Development is building a boutique home community in accordance with the city’s small lot ordinance, touting the high demand for quality living in the booming submarket.
LOS ANGELES—LaTerra Development and Gemdale USA plan a $125 million multifamily and office development to ride the wave of creative office success.
WEST HOLLYWOOD, CA—After getting approval to build a 35-unit condo development on a residential street, Ness Holdings’ Daniel Mense explains the importance of working with the city, in this UPDATE to a previous story.
LOS ANGELES—Realty Mogul hits a $150 million investment milestone, and CEO Jilliene Helman says that she is looking toward a future where the number is in the billions.
LOS ANGELES—Beach Front Properties, a multifamily investment firm known for its microfunds, is taking the plunge into institutional waters, and here is why, GlobeSt.com reports EXCLUSIVELY.
LOS ANGELES—Sales efforts begin on the highly anticipated 40-story, 514-unit second tower of Greenland USA’s $1 billion Metropolis development.
MANHATTAN BEACH, CA—Onni Group buys a 309,000-square-foot office building for $95 million with plans to renovate it into a premier office building that will compete in the active South Bay market.
LOS ANGELES—In this EXCLUSIVE interview, Greg Ames of Trammell Crow gives us an in-depth update on the office market, including values, development and occupancies.
LOS ANGELES—Similar to the Staples Center catalyzing the downtown renaissance, the USC Village development will have a similar affect on the USC submarket, according to Avison Young’s Robert Ip in this EXCLUSIVE Q&A.
LOS ANGELES—The new hub of Downtown Los Angeles, the arts district’s adaptive reuse follows a different trend than the rest of the downtown market.
LOS ANGELES—Successful retailers are forced to become a lot more sophisticated and offer the utmost in customer service both online and in-store, says Avison Young’s Derrick Moore in this EXCLUSIVE article.
LOS ANGELES—Ness Holdings gets approval to build a 35-unit condo development in West Hollywood, just as demand for for-sale product is soaring.
LOS ANGELES—Wyn Channer, who has joined JLL as managing director, explains how a integrated asset portfolio helps drive business objectives in this EXCLUSIVE interview.
LOS ANGELES—The short answer is limited supply, but with fewer and fewer institutional owners in the market, the real answer is a lot more complex, GlobeSt.com reports in this EXCLUSIVE story.
LOS ANGELES—Thanks to its phenomenal reputation, the multifamily investor secures as low as 2.6% interest rates on an amalgam of acquisition loans totaling $156.8 million, GlobeSt.com reports in this EXCLUSIVE story.
AZUZA, CA—While manufacturers are shrinking, Lagunitas Brewing Co. signs a 255,000-square-foot lease with a retail component onsite.
LOS ANGELES—Hackman Capital Partners acquires a four-building 98,835-square-foot campus in the LAX submarket—which has seen a consistent increase in occupancy and rental rates.
LOS ANGELES—Technology is removing inefficiencies from the building process, according to CW Driver’s Matthew Wilt, who explains how the industry is evolving in this EXCLUSIVE story.
LOS ANGELES—Palisades Mexico Partners and Sergio Arg elles form a second fund to target core-plus and value-add suburban office after the success of its earlier fund.
LOS ANGELES—In this EXCLUSIVEQ&A, Marcus & Millichap’s John Sebree talks multifamily leaders’ view from the top and where the cycle is heading.
BOSTON—The largest public housing development in the city is in line for a major upgrade and expansion.
LOS ANGELES—The institutional investment vehicle purchases 400 and 600 Corporate Plaza in Culver City to capitalize off of the growing office demand in the market.
LONG BEACH, CA—The Current, a 223-unit luxury mixed-use complex, is coming to Downtown Long Beach, showing that demand for luxury living is picking up, GlobeSt.com reports in this EXCLUSIVE Q&A.
LOS ANGELES—A rare 21-unit value-add apartment complex in Hancock Park trades hands in an off-market transaction, and the brokers still received a wealth of back-up offers.
LOS ANGELES—The once hipster neighborhood is seeing a high demand for new-construction for-sale homes, and the new SL70 development is filling the void, GlobeSt.com learns in this EXCLUSIVE interview.
LOS ANGELES—Not much, according to American Realty Advisors’ Chris Macke, who discusses why in this EXCLUSIVE interview.
DENVER, CO—The investor forms a joint venture to purchase a $29 million office building in Denver, Suja juices signs a 171,000-square-foot lease and Timberland Town Center takes out a $23 million loan in this week’s wrap-up of deals.
LOS ANGELES—Pacific Hotels refinances a $153 million in debt, paying a defeasance to secure a lower rate—a move many borrowers are making because of the low interest rate environment.
With 10,000 units under construction and several more thousand in the pipeline, Downtown Los Angeles still needs more housing to meet demand, Trammell Crow Co.’s Jim Anderson tells GlobeSt.com EXCLUSIVELY.
LOS ANGELES—While Hollywood has signed some major tech leases recently, 86% of tech companies are in West Los Angeles, with Playa Vista as the emerging hub.
LOS ANGELES—Anyone over the age of 10 in Los Angeles is aware of the considerable multifamily development underway in the downtown market. There are currently 10,000 units, 2,000 of which are condo units, under construction and thousands more in the pipeline, but Jim Anderson, SVP at Trammell Crow Co., tells GlobeSt.com that those numbers are no where near enough to meet demand, noting that Mayor Eric Garcetti recently called for 125,000 new apartment units in…
SANTA MONICA, CA—The shopping center owner expects to realize $2.3 billion in cash proceeds from the joint ventures, which will close in phases starting later this month.
CHINO HILLS, CA—The Shoppes at Chino Hills is 96% leased to top national retailers.
WESTBOROUGH, MA—Health care IT company eClinicalWorks is expanding its operations here and is investing more than $50 million in the purchase and upgrade of the vacant 900 West Park Drive office building.
LOS ANGELES—The $110 million life science building at Loyola Marymount features a stunning glass façade and all-glass lab rooms and is poised to earn LEED certification.