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Monday, August 31, 2015

Neighborhood Inspires Hotel Design

LOS ANGELES—Burbank’s rich entertainment history serves as inspiration for the design and amenities of the recently opened SpringHill Suites by Marriott, GlobeSt.com reports in this UPDATE to a previous story.



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StarPoint Breaks Into Santa Monica

SANTA MONICA—After a three-year search for a property in the very high-barrier-to-entry market, the investor scoops up a 38,000-square-foot property with big renovation plans, GlobeSt.com reports EXCLUSIVELY.



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Foreign Investors Flocking to Boston, Gateway US Cities

BOSTON—Foreign investment has been fueling significant commercial real estate acquisitions and developments so far this year in major US cities. With the Chinese economy slowing down, some expect that Far East investors may look to increase their funding allocations to real estate ventures in the United States.



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Complex Industrial Sale Stirs Interest

LOS ANGELES—The sale of an 111,000-square-foot industrial building closes after an 11-month escrow, the effect of a 1031 exchange, and then a long-term tenant is signed.



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Friday, August 28, 2015

Westfield Century City Redo Plans Emerge

LOS ANGELES—The $800 million project will result in a new shopping experience with larger anchors, and the first 200 shops, new outdoor spaces and the West Coast's first Eataly.



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How to Fight Bad Faith Waste

THOUSAND OAKS, CA—In this EXCLUSIVE Q&A, James C. Fedalen of HFL Law Group talks about bad faith waste, and how lenders can recoup losses to damaged properties.



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Investors Bet on Runway in 2010

PLAYA VISTA, CA—During the height of the recession, Lincoln Property Co. bet on its Playa Vista mixed-use project, and now, the investor wishes it bought more, GlobeSt.com reports in this UPDATE to a previous story.



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