Silverlake Build Attracts Residents Away from DTLA

LOS ANGELES--Months after completion, SL70, a 70-home development in Silverlake, reports selling more than half of the properties, with 40% of the buyers moving away from the downtown market.

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Industrial Properties Attract Higher Demand

THOUSAND OAKS, CA--When an office property couldn't sell, a brokerage team at Colliers International repositions the asset as an industrial property and closes the deal.

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Tim Foutz Joins NAI Board of Directors

LOS ANGELES--After being named the company's CEO in March, Foutz is voted onto the board of directors, along with Richard Gold as treasurer and Michelle Stein secretary.

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Retail Development Continues to Lag

LOS ANGELES--Bob Peterson of Passco talks about where retail investors are finding opportunities as pricing continues to rise and why it's a good thing that retail development is being kept in check, in this EXCLUSIVE interview.

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Industrial Supply Under Control

LOS ANGELES--Industrial supply has not yet caught up to the healthy demand, resulting in upward pressure on pricing, Duke Realty's Nick Anthony says in this EXCLUSIVE interview about the market and upcoming NAIOP I.CON conference in June.

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DHL Signs 235,000-SF Lease Extension

LOS ANGELES--The logistics company signs a six-year lease extension valued at nearly $12 million at its current industrial facility in Redondo Beach, CA.

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Stroock Names Loryn Dunn Arkow Partner

LOS ANGELES--Law firm Stroock & Stroock & Lavan hires the 19-year industry veteran as a partner in the national real estate practice group at its Los Angeles office.

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Bank Cap Rates Sink Again to Historic Low

CHICAGO--Demand for this investment-grade product has remained robust in the past year, and new supply has started to decrease as banks decide to wait and see what impact technological changes have on their retail outlets.

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Green Design Does Not Cost a Premium

LOS ANGELES--Peter Barsuk of Gensler talks about the firm's vision for the major 35-acre AltaSea sustainable campus at the Port of L.A., GlobeSt.com reports in this UPDATE to a previous story.

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Continental Development Moves on to Life Company

LOS ANGELES--Unhappy with its former CMBS loan, the office owner secures a $26 million loan through a life insurance company to refinance the Continental Park, a two-building office park.

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Ness Holdings Looks To High Growth Markets

LOS ANGELES--The investor buys two properties--one on Abbott Kinney in Venice and another on Carlton Way in Hollywood--with plans to reposition both properties as class-A assets.

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Investors Want Assets Near Employment Hubs

GLENDORA, CA--A domestic private investor buys the Glendora Park Place Apartment Homes for its great location near major employment centers.

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Demand Increases for Single-Family Homes

THOUSAND OAKS, CA--The New Home Co. opens Twenty Oaks, a gated community of 20 single-family homes, to 500 interested families that toured the two model properties.

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AltaSea Develops 35-Acre Green Campus

LOS ANGELES--Designed by Gensler, the innovation campus at the Port of L.A. will be a hub for businesses, scientists and education leaders to solve issues relating to clean water, food resources and energy security.

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Office Sector Finally Booms

LOS ANGELES--According to the 1Q15 office report from Cushman & Wakefield, the office sector is performing strongly with "only blue skies ahead," according to Cushman's Petra Durnin.

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Hotel Market Sees Strong RevPAR Growth

LOS ANGELES--Following the acquisition of DoubleTree by Hilton San Diego Hotel Circle, Oak Coast Properties' Phillip Nahas sits down for an EXCLUSIVE interview to talk about the hotel market and the firm's investment strategy.

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Servicon Earns Sustainability Award

LOS ANGELES--Today, the Los Angeles Business council honors Servicon chairman Michael Mahdesian with the Chairman's Sustainability Award for the firm's recently completed Mahdesian Learning Center & Client Innovation Hub, which is the first and only building to earn a LEED-New Construction Platinum certification.

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Investors Strike in Miracle Mile Market

LOS ANGELES--A 32-unit apartment complex with no parking and mostly studio units receives 10 unsolicited offers from investors looking to pick up a multifamily property in a market where similar assets rarely trade hands.

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Industrial Demand Strong Across Sizes

SAN DIMAS, CA--The off-market sale of a 33,428-square-foot industrial facility shows that, whether the property is large or small, industrial demand is strong.

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Retail Center Focuses on Mom-and-Pop Stores

PACOIMA, CA--The Zocalito of Pacoima, a 20,000-square-foot retail and mixed-use project, reaches 85% occupancy and is looking to first-time entrepreneurs to occupy space in the remainder of the project.

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Report: Miami, Atlanta Key Investor Targets

MIAMI--Half of all real estate investors in North America plant to amp up commercial real estate buys in 2015. Four Southeast markets are high on the list.

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Office Market Tight for Traditional Users

ENCINO, CA--Law firm Pearlman, Borska & Wax expands its headquarter office space at the Encino Plaza after an intensive market analysis.

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JOSS Is Bullish on the L.A. Market

SANTA MONICA, CA--After purchasing a Silicon Beach office asset at the highest price per square foot last week, the New York-based investor talks about the investment and the firm's interest in the L.A. market in this UPDATE to a previous story.

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Is Industrial the New Investor Darling?

LOS ANGELES--CBRE's annual Investor Intentions Survey also found that a solid majority of industry players plan to go out further on the risk spectrum this year.

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Asset Avenue Plucked for Growth Tech Program

LOS ANGELES--The peer-to-peer lending platform will participate in REach 2015, a growth technology accelerator program sponsored by the National Association of Realtors' investment arm, Second City Ventures.

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Investors Scramble for Multi-Tenant Retail

TORRANCE, CA--Village Center, a 31,135-square-foot shopping center with only local tenants, receives multiple offers from investors, showing the strength of the retail sector.

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American Tire Completes 1M-SF Build

SHAFTER, CA--Roll Real Estate completes the build-to-suit development at the Paramount Logistics Park, a 1,625-acre industrial campus, eight months after breaking ground.

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Silicon Beach Office Sells at Record Price

SANTA MONICA, CA--A private investor buys a 23,575-square-foot office building in the Silicon Beach area of Santa Monica for $23.7 million, or $1,004 per square foot, a new record in the submarket.

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Pacific Industrial Doubles Sierra Pacific Center

FONTANA, CA--The industrial developer breaks ground on a 751,024-square-foot industrial building at its Sierra Pacific Center, a 1.5-million-square-foot industrial campus, GlobeSt.com reports EXCLUSIVELY .

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Technology "Integral" to New Office Design

PACOIMA, CA--The major office-space move by former Hollywood mainstay Mole-Richardson, an entertainment lighting manufacturer, shows the key trends in office design. We discuss them all with the company's interior designer Heidi Hendy of H. Hendy Associates, in this EXCLUSIVE Q&A.

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Developer Plans 100-Townhome Community

POMONA, CA--A private investor purchases a 7.5-acre land parcel that currently houses two industrial buildings, with plans to build a townhome community.



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The Mani Brothers' Follow Up to Malibu Inn Buy

MALIBU, CA--After purchasing the Malibu Inn earlier this month, the Mani Brothers buy an adjacent 10-unit multifamily property for $15 million.



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Realty Mogul Starts Commercial Lending

LOS ANGELES--In an expansion to its commercial equity and residential lending sectors, Realty Mogul launches a commercial lending division that will focus on larger loan amounts for commercial real estate properties.



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Brandywine Launches a Second Townhome Project

NORWALK, CA--The developer buys a two-acre parcel and breaks ground on a 31-townhome community, which will be available for sale in September of this year.



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Industrial Players Gear Up for Another Great Year

LOS ANGELES--Goodman Birtcher's Lang Cottrell and NAIOP's Thomas Bisacquino give an insider's look at this year's NAIOP I.CON conference, and explain why industrial players should be bullish on the market this year.



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Famous to Lead CBRE's Retail Occupier Practice

LOS ANGELES--Dubbed "an industry icon" by CBRE's Anthony Buono, the Fameco co-founder will oversee more than 450 retail brokers from offices in Philadelphia.



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The Enclave Trades Hands for $61M

PARAMOUNT, CA--A joint venture between Bridge Investment Group Holdings and Starr Cos. buys the 306-unit apartment complex for $200,000 per unit.



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What Crowdfunders Need For Longevity

LOS ANGELES--While crowdfunding platforms are off to a great start, Haider Nazar, CEO of LendZoan explains what they need to do to maintain longevity in the marketplace in this EXCLUSIVE Q&A.



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Multifamily Is the Most Liquid Sector

LOS ANGELES--The recent announcement of an $878-million Freddie Mac securitized loan for the Park La Brea apartment community shows that multifamily is still the most liquid space, GlobeSt.com reports in this UPDATE to a previous story.



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Tech Powers Office Markets Big and Small

LOS ANGELES--The sector has accounted for more major US office leasing activity than any industry over the past two years, and not only in Silicon Valley, says CBRE.



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Gelson's Signs $20M Industrial Lease

SANTA FE SPRINGS, CA--The grocer moves its warehouse from the City of Commerce to a 248,304-square-foot industrial facility at the newly built Freeway Springs Logistics Center.



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Runyon Invests in Hayden Tract

CULVER CITY, CA--The developer buys a 29,357-square-foot industrial property, securing $13 million in financing, for creative office conversion in what is becoming one of the hottest creative office markets, GlobeSt.com reports EXCLUSIVELY .



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Caruso Makes Creative Office Play

GLENDALE, CA--The well-known retail and multifamily developer buys a historic landmark and two adjacent buildings with plans to build a mixed-use creative office space.



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Tishman Makes Big Office Buy

SANTA MONICA, CA--The investor buys 520 Broadway, an 113,000-square-foot trophy office asset in Downtown Santa Monica, for it's A-plus location and proximity to public transit.



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Asset Avenue Completes Series-A Funding

LOS ANGELES--The peer-to-peer financing platform secures $11 million in its series-A funding through Silicon Valley-based investor DCM Ventures.



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Massive Park La Brea Takes $878M Re-Fi

LOS ANGELES--HFF arranged and Freddie Mac will purchase the existing loan for the iconic 4,200-unit apartment community, the largest on the West Coast.



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JLL Hires Southwest Property Management Leader

LOS ANGELES--Mike Ruppert joins the firm as senior managing director of the Southwest region in the property management, serving under Southwest market director Peter Belisle, GlobeSt.com reports EXCLUSIVELY .



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KTLA Renews Sunset Bronson Lease

LOS ANGELES--The television station signs up for another 15 years in its 94,205-square-foot studio space at Sunset Bronson Studios in Hollywood.



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Crowdfunding Platform Completes Series A Financing

LOS ANGELES--Patch of Land's cofounder, Jason Fritton, says the participation of SF Capital Group "clearly validates the strength of our business model."



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New Platform Collects CRE Losses

LOS ANGELES--The television station signs up for another 15 years in its 94,205-square-foot studio space at Sunset Bronson Studios in Hollywood.



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Local Developer Scoops Redevelopment Site

NORTHRIDGE, CA--Harridge Capital Group purchases a 3.3-acre unentitled redevelopment site with plans to build a retail and residential mixed-use complex.



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JV Buys 43-Acre Industrial Site

REDLANDS, CA--Crow Holdings Capital Real Estate and Seefried Properties partner to purchase a fully entitled land site for the development of two industrial facilities totaling 1 million square feet.



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Storm Properties Hires Development Director

LOS ANGELES--Jon Spelke joins the firm as director of development, overseeing entitlement and development of both the commercial and residential portfolios.



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Lenders Prepare for 'Higher Production' in 2015

LOS ANGELES--After five consecutive years of increases, the commercial estate lending sector appears "well-positioned to take advantage of further growth in 2015," says CBRE Capital Markets' Brian Stoffers.



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Brookfield Signs 300,000-SF Lease Downtown

LOS ANGELES--Capital Group renews its massive lease at Brookfield's Bank of America Plaza in Downtown Los Angeles' Bunker Hill neighborhood.



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Pacific Industrial Starts 188,000-SF Development

LOS ANGELES--The industrial developer breaks ground on the Pacific District Center, a three-building class-A industrial facility in a tight infill Central L.A. market.



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PDC RedBuilding Inks Four Tenants

LOS ANGELES--Charles S. Cohen signs leases with Whalerock Industries, Gaumont International Television, AllSaints USA and Criteria Corp. to its 400,000-square-foot RedBuilding at the Pacific Design Center.



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Canyon Catalyst and PacShore Invest in L.A. Office

LOS ANGELES--The real estate investors partner up to buy two value-add office properties in Playa Vista and Malibu for a total of $36 million.



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Hillwood Plans 1M-SF Industrial Build

SAN BERNARDINO, CA--The 1.1-million-square-foot industrial facility known as Gateway South Building 3 is an extension of the AllianceCalifornia Industrial Park, a 14-million-square-foot industrial park.



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Office Property Lands 90% LTV Financing

LOS ANGELES--An owner-operator secures $21.6 million in funding at a high loan-to-value to purchase an 80% vacant office building.



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Industry Veteran Edward Kim Passes Away

LOS ANGELES--The TruAmerica Multifamily director and 20-year industry veteran passes away at the age of 45, after a courageous battle with cancer.



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The Big Picture: Sunny With a Chance of Frenzy

LOS ANGELES--In this final installment of our in-depth look at the L.A. market, Lew Feldman of Goodwin Procter takes us back to the macro level to see how national trends will play out locally.



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Freeway-Side 93 Acres Trades Hands

PALM SPRINGS, CA--The sale of the wind-farm-occupied land parcel on the side of the 10 freeway draws significant interest, thanks to the high returns the parcel generates GlobeSt.com reports EXCLUSIVELY .



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