VCN Plans Mixed-Use Development

CULVER CITY, CA--After buying the Surfas Culinary District, the developer secures a $10 million loan to develop a 100,000-square-foot property on the site.



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American Realty Focuses on L.A. Industrial

LOS ANGELES--The institutional investor buys the Shoemaker Distribution Center because it is at the top of its competitive set, GlobeSt.com reports in this UPDATE to a previous story.



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University Tech Center Trades Hands

POMONA, CA--Buchanan Street Partners buy the 100,360-square-foot office campus from Invesco with plans to redevelop the common areas and outdoors space.



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CBRE Expands Global Separate Accounts Business

LOS ANGELES--The firm's Global Investors group taps James Clifton-Brown to serve as chairman and Pieter Roozenboom to serve as executive director of the newly expanded platform.



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City Ventures Assembles Land for Development

GLENDORA, CA--The developer acquires the first of five land parcels, which total 8.76 acres, to build a 144-attached-townhome development.



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Multifamily Project Targets Artist Community

GLENDALE, CA--Meta Housing Corp. breaks ground on a $32 million affordable multifamily development that will target artists and families, creating an arts colony.



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Jewelry District Office Building Secures $23M

LOS ANGELES--Although the area's characteristic short-term leases make landing a lender difficult, a 153,000-square-foot office building secures a non-recourse CMBS loan with a 58% LTV.



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