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Thursday, December 31, 2015

Small Property Breaks Big Record

SANTA ANA, CA—A 6-unit multifamily property trades for a record-breaking $306 per square foot, Century Communities expands its unsecured credit facility to $300 million and CW Driver completes a $26-million renovation in this week’s wrap up of deals.



via Los Angeles http://ift.tt/1UivzPO

Boutique Hotel Hits DTLA Historic Core

LOS ANGELES—International lifestyle group Hoxton buys the historic Los Angeles Transit Building for $30 million with plans to convert the property into a boutique hotel.



via Los Angeles http://ift.tt/1MJ8ss5

Creative Tenants Head Downtown

LOS ANGELES—Design firm Ware Malcomb moves its headquarters to Downtown Los Angeles in what they call a “strategic move” to be in the center of commercial real estate activity.



via Los Angeles http://ift.tt/1So6e8I

Wednesday, December 30, 2015

Residents Move to Stop Massive Developments

LOS ANGELES—The Coalition to Preserve L.A. is fighting massive development projects, and has proposed a ballot measure that will require developers to follow the general plan with no exemptions.



via Los Angeles http://ift.tt/1NRJKJV

How Newhall Ranch Affects Developers Now

LOS ANGELES—We sat down with Allen Matkins’ Fernando Villa for an EXCLUSIVE interview to find out how the Newhall Ranch decision is affecting developers today.



via Los Angeles http://ift.tt/1IEkEiX

How Newhall Ranch Affects Developers Now

LOS ANGELES—We sat down with Allen Matkins’ Fernando Villa for an EXCLUSIVE interview to find out how the Newhall Ranch decision is affecting developers today.



via Los Angeles http://ift.tt/1NRGQF5

Tuesday, December 29, 2015

Compton Gets 1M SF of New Industrial

COMPTON, CA—Trammell Crow Co. breaks ground on the Brickyard, a two-building, 1-million square-foot class-A industrial building in Compton.



via Los Angeles http://ift.tt/1RQS0hd