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CommercialFinanceIndustry NewsLos AngelesNews Releases

Rexford Industrial Acquires 575,976 SQFT Tech Campus in Los Angeles’ South Bay for $182MM

Los Angeles, CA (August 23, 2021) — Newmark Knight Frank (“Newmark”) announces it has arranged the sale of Torrance Technology Campus, a five-building,...

CommercialFinanceIndustry NewsLos AngelesNews Releases

242,012 SQFT Office Portfolio in Pasadena’s Central Business District Sells for $80MM

LOS ANGELES, Calif., August 23, 2021 – Cushman & Wakefield announced today the firm has brokered the $80 million ($330.56 per square foot)...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

Beverly Hills’ Hearst Estate Accepts $47MM Offer

The legendary “Hearst Estate, located at 1011 Beverly Drive in Beverly Hills  has recently accepted an offer for $47 million, since initially hitting...

AECCommercialIndustry NewsLos AngelesResidentialRetail

Transit-Oriented Development Planned for 15.9-Acre Site in North Hollywood

By Catherine Sweeney A 15.9-acre site owned by the Los Angeles County Metropolitan Transportation Authority is currently being reimagined into a transit-oriented master...

FinanceIndustry NewsLos AngelesNews ReleasesResidential

Prime Residential Acquires 454-Unit Multifamily Portfolio in Hermosa Beach for $275MM

HERMOSA BEACH, Calif. — Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of two adjacent...

FinanceIndustry NewsNews ReleasesResidentialSan Diego

Property West Residential Acquires 284-Unit Multifamily Property in Oceanside for $110MM

OCEANSIDE, Calif. — Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Capella at Rancho del...

CommercialFinanceIndustry NewsLos AngelesNews Releases

Hyundai Acquires 90,000 SQFT Office Building in El Segundo for $70MM

(EDITOR’S NOTE: According to a source familiar with the transaction, the property was sold to Hyundai for $70 million, or approximately $778 per...

FinanceIndustrialIndustry NewsInland EmpireLos AngelesNews ReleasesOrange County

Rexford Industrial Purchases Three Southern California Properties Totaling $115.2MM

LOS ANGELES — Rexford Industrial Realty, Inc. (the “Company” or “Rexford Industrial”) (NYSE: REXR), a real estate investment trust focused on creating value...

AECFinanceIndustry NewsLos AngelesNews ReleasesResidential

CIT Provides $28.2 Million in Financing for 135-Unit Apartment Complex Development in Moreno Valley

NEW YORK, Aug. 12, 2021 — CIT Group Inc. (NYSE: CIT) today announced that its Real Estate Finance business provided $28.2 million in...

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