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Friday, January 30, 2015

Nursing Facilities Snatch $29M in FHA Loans

LOS ANGELES--The owner of four nursing facilities in the Los Angeles market refinances the properties, securing FHA loans ranging in value from $6.2 million to $8.6 million.



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Hotel Execs Expect Healthy Year

LOS ANGELES--At ALIS 2015, four of the top hotel executives discuss the state of the industry, noting the in 2015 they plan to increase rates and thus increase revPAR.



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Mixed-Use Development Requires Balance

LOS ANGELES--The mixed-use developments to make it through the downturn had a balance of product type that could stand on its own, according to experts at ALIS 2015.



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Thursday, January 29, 2015

3-Property Retail Portfolio Fetches $109M

LOS ANGELES--Decron Corp. sells three Southern California shopping centers totaling 370,453 square feet to Retail Opportunity Investment Corporation, a public REIT.



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These Apps Change the Hotel Game

LOS ANGELES--At ALIS 2015, the founders of HotelTonight and of HomeAway talk about how they disrupted the hotel industry by removing the friction points.



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Another Recession to Strike in 2 Years

LOS ANGELES--According to economist John Silvia at ALIS 2015, hotel revPAR growth peaks in the middle of the cycle, not at the end, which indicates that we may be heading for another recession in the next 2 years.



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Wednesday, January 28, 2015

Hospitals Buy Up On-Campus Medical Office

LOS ANGELES--An investor secures $29.7 million in funding to renovate and upgrade three medical office properties in Los Angeles, San Diego and Texas.



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