LTC Offers Common Stock Cash Dividend

LOS ANGELES-LTC, a self-managed REIT, declares a monthly cash dividend of its common stock for the first quarter of 2014.

via Los Angeles http://www.globest.com/news/12_768/losangeles/finance/LTC-Offers-Common-Stock-Cash-Dividend-341339.html

Nazarian To Design Hollywood Mixed-Use

LOS ANGELES-Camden Property Trust hires SBE Entertainment's Sam Nazarian to design the Camden, a 287-unit mixed-use apartment building in Hollywood.

via Los Angeles http://www.globest.com/news/12_767/losangeles/development/Sam-Nazarian-To-Design-Hollywood-Mixed-Use-341337.html

Chinatown Mixed-Use Trades Hands

LOS ANGELES-Real estate developer Tom Gilmore acquires a 30,344-square-foot mixed-use complex in Chinatown for $10 million from Mr. Yee Edmond Wong, a private investor.

via Los Angeles http://www.globest.com/news/12_767/losangeles/acquisitions_dispositions/Chinatown-Mixed-Use-Trades-Hands-341336.html

Public REIT Leasing Exceeds 1M RSF

PASADENA, CA-Alexandria Real Estate Equities Inc., a self-managed REIT, exceeds 1 million rentable square feet over 57 lease transactions to date in the fourth quarter of 2013.

via Los Angeles http://www.globest.com/news/12_767/losangeles/leasing/Public-REIT-Leasing-Exceeds-1M-RSF-341288.html

Public Storage Float Wins Design Award

GLENDALE, CA-Public Storage's Rose Bowl Parade float, Adventures in Space, wins the Grand Marshal's Trophy for creativity and design.

via Los Angeles http://www.globest.com/news/12_766/losangeles/other/Public-Storage-Float-Wins-Design-Award-341283.html

Crowdfunding Platform Hits Benchmark

BEVERLY HILLS, CA-Realty Mogul, a crowdfunding real estate investment platform launched in March 2013, acquires $10 million in 27 properties during its first year.

via Los Angeles http://www.globest.com/news/12_766/losangeles/finance/Crowdfunding-Platform-Hits-Benchmark-341282.html

Chinese Developer Plucks 5 Acres

LOS ANGELES-Chinese developer Oceanwide Real Estate Group acquires 4.6 acres downtown, revealing increased Chinese interest in the L.A. market, GlobeSt.com reports in this UPDATE to a previous story.

via Los Angeles http://www.globest.com/news/12_766/losangeles/acquisitions_dispositions/Chinese-Developer-Plucks-5-Acres-341254.html