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Wednesday, July 2, 2014

Asset Value Crucial to REIT Buys

LOS ANGELES--More than just making a spread, if the value of a property isn't there, REITs aren't interested, say panelists at RealShare National Investment & Finance.



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Elizabeth Braman, CCIM, Joins Realty Mogul

LOS ANGELES--The former ReadyCap Commercial executive joins the crowdfunding platform as chief production officer, overseeing equity and debt investments.



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Tuesday, July 1, 2014

Nine-Building Industrial Portfolio Fetches $89M

LOS ANGELES--Rexford Industrial purchases the 817,166-square-foot portfolio, which has properties throughout Southern California, bringing its year-to-date investments to nearly $100 million.



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$172M Dual-Branded Marriott Opens

LOS ANGELES--The first hotel of its kind to feature both Courtyard by Marriott and Residence Inn L.A. Live rooms on the same floor opens today after two years of development.



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Hairy Deals Don't Scare Bridge Lenders

LOS ANGELES--The more complex a deal, the less competition lenders have, making these otherwise unappealing transactions ideal for non-traditional lenders, say panelists at RealShare National Investment & Finance.



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LC3 Campus Reaches 95% Occupancy

WESTLAKE VILLAGE, CA--Face First signs a five-year lease for one of the last remaining units at the Lindero Canyon Creative Campus, which has gone from 36% occupancy to near full occupancy in two years.



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Monday, June 30, 2014

West Side Creative Office Asset Flies

LOS ANGELES--Archway Holdings Corp. acquires a 24,759-square-foot creative office building in an all-cash transaction with a one-day escrow from AIG.



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