78-Unit Orange Grove Apartments in Orange Hits the Market, Last Sold for $30MM
Orange Grove Apartments, a 78-unit all-two-bedroom community in the City of Orange that last changed hands for $30 million in 2023, has returned...
Lennar Holds Volume, Cuts Incentives as Affordability Pressure Drives Southern California From Coast to Inland Empire
Lennar’s second-quarter results put its volume-first playbook on display, pairing the first sustained drop in buyer incentives in three years with record cost...
Jamison Services Nears Finish Line on 230-Unit Hudson Apartments in Koreatown After Three Attempts at the Site
After cycling through three different development concepts over more than a decade, Koreatown’s largest landlord is weeks away from delivering an eight-story, 230-unit...
Sherman Oaks Burlington Coat Factory Trades for $11.2MM in Single-Tenant Net Lease Deal on Ventura Boulevard
A single-tenant net lease retail property occupied by Burlington Coat Factory on Ventura Boulevard in Sherman Oaks has sold for $11,225,000, underscoring continued...
CMBS Lender Moves to Take Control of Fallas Family’s 88-Unit Metropolitan Building in Downtown Los Angeles After $32MM Default
A judicial foreclosure action filed this month against the Fallas family’s landmark Metropolitan building at 449 South Broadway has put one of Downtown...
Newly Built 64,000 SQFT Simi Valley Warehouse Lists for $19MM Below Cost as Default Notice Clouds 2680 Westhills Court
A four-year-old, never-occupied industrial building on the 118 Freeway has come to market at $19 million, less than its owner paid in 2022...
Kingsbarn, Kelemen Secure Approval for 480-Unit Terravita Conversion of 18.5-Acre Laguna Hills Office Campus
Meeting as the city’s Planning Agency, the Laguna Hills City Council voted 4-1 to let Kingsbarn Capital & Development and Irvine-based Kelemen Company...
Wells Fargo: Fed Poised for Extended Hold as Warsh Era Opens Amid Sticky Inflation
Wells Fargo economists expect the Federal Reserve to sit on the sidelines for an extended period as new Chair Kevin Warsh takes the...
San Diego Rides National Lab Rebound as Pfizer’s 230,000 SQFT Torrey View Deal Anchors Recovery
San Diego has landed among the four markets leading the U.S. life sciences real estate recovery, buoyed by the region’s largest lab lease...
