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Tuesday, September 30, 2014

L.A Car Wash Expands Portfolio for $22M

LOS ANGELES--After selling its downtown location, the L.A. Car Wash Corp. buys four properties, including three Walgreens properties and a medical office building, in the last three months to complete its 1031 exchange requirements.



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Dunkel Bros. Buys Property with Caltrans Profits

LA MIRADA, CA--The manufacturer buys a 237,089-square-foot industrial facility for $21.9 million after the California Department of Transportation buys its former facility to widen the I-5 freeway.



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Retail Property Lands $19M CMBS

WOODLAND HILLS, CA--The borrower secures a cash-out first mortgage loan with a 10-year term for a retail and office property occupied mainly by Fleming's & Roy's.



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Monday, September 29, 2014

Xceligent Expands Los Angeles Team

LOS ANGELES--Sarah Quinn joins the firm's Los Angeles office as director of client services and the west region marketing manager while Monique Ebel and Matt Nelson join the research and analytics team.



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Goodwin Procter Identifies Legal Risks in Crowdfunding

LOS ANGELES--In this EXCLUSIVE Q&A, Goodwin Procter's Lew Feldman talks to reporter Kelsi Maree Borland about the firm's newly launched crowdfunding practice.



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Friday, September 26, 2014

Shopping Center Fetches $43M

LOS ANGELES--An unnamed New York-based buyer acquires the nearly fully leased 78,956-square-foot shopping center for its prime location and Asian-targeted retail tenants.



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Women Receive Little Venture Capital

LOS ANGELES--Real Estate Forum Woman of Influence Jilliene Helman is one of the few women to receive venture capital, a success she hopes will open doors for other females in the industry.



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