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LOS ANGELES—Smart retailers realize consumers do their research online before entering the store, so they’re tweaking their digital and physical sales processes, Matthews Retail Group’s Kyle Matthews tells GlobeSt.com EXCLUSIVELY.
LOS ANGELES—JLL expands its retail business with the acquisition of the mid-sized retail brokerage group, which was active in five Southern California counties.
LOS ANGELES—Gordon joins the company as VP, taking the helm of the debt and new equity practice group, GlobeSt.com reports EXCLUSIVELY.
LOS ANGELES—A multifamily mixed-use property on the verge of default secures a $33 million bridge loan in 10 days from application to close.
BURBANK, CA—Interstate Equities Corp. buys a 34-unit value-add multifamily property that is walking distance to Downtown Burbank with plans to renovate the property and raise rents by $500 per unit.
BEVERLY HILLS, CA—A 36,000-square-foot development in Beverly Hills secures $23 million, another sign that more and more lenders are looking to finance projects in high barrier-to-entry markets.
LOS ANGELES—The Vines, a 164-unit class-A multifamily complex, trades hands for $55.5 million, or $338,628 per unit, the highest price paid per unit in Ventura County for the past 10 years.
