Simon Property Moves Forward On Macerich Acquisition

SANTA MONICA, CA--The REIT disclosed it acquired a 3.6% stake in Macerich last year. It has made several approaches since then, including one within the last few weeks according to the Wall Street Journal.



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Multifamily Lands 80% LTC Financing

LOS ANGELES--Elite Real Estate secures $21 million in financing to develop an 80,000-square-foot apartment complex, the largest built in the upscale submarket in more than a decade.



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P2P Lending Gains Institutional Momentum

LOS ANGELES--In this EXCLUSIVE Q&A, AssetAvenue's David Manshoory talks about the history and rise of peer-to-peer lending in commercial real estate, and why institutional capital is now taking note.



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Kohl's Trades At Record-Low Cap Rate

REDANDO BEACH, CA--In a private transaction, an 88,000-square-foot triple-net-leased Kohl's retail store trades hands for a 4.8% cap rate, beating the previously lowest cap rate in the submarket by 50 basis points.



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Office Investors Double Down on Trophy Assets

BURBANK, CA--Two trophy office properties in the Media District sell for a combined $48 million, illustrating the healthy demand for office product in the Burbank submarket.



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Lenders Increase Leverage to Stay Competitive

LOS ANGELES--Lone Oak Fund's Alexa Mizrahi talks about the emerging trends in the capital markets this year, including an increase of private lenders, leverage and pricing.



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JV Scoops Up Redevelopment Office Property

SAN DIMAS, CA--Stillwater Investment Group, Greenlaw Partners and an affiliate of Walton Street Capital buys Overland Court, a two-building office property, with major renovation plans, GlobeSt.com reports EXCLUSIVELY .



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