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CommercialFeaturedFinanceIndustry NewsNews ReleasesResidential

U.S. Justice Department Sues Six Large Landlords for Algorithmic Pricing Scheme

Landlord Cortland Agrees to Cooperate with Justice Department and Enter into a Settlement to End the Use of Common Rental Pricing Algorithms and...

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AECCommercialIndustrialIndustry NewsLos Angeles

Sylmar Studios to Open 300,000 SQFT State-of-the-Art Production Facility in Los Angeles in January 2025

Sylmar Studios, a cutting-edge 300,000-square-foot production complex, is set to open its doors in Sylmar, California, in January 2025. This new facility aims...

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CommercialFeaturedFinanceIndustry News

Blackstone’s Jon Gray Shares Insights on the 2024 Real Estate Market Recovery

As the real estate landscape continues to evolve in response to shifting economic conditions, Jon Gray, President and COO of Blackstone, offers valuable...

Historic Buildings of Downtown Tracy California
FeaturedFinanceIndustry NewsRetail

Blackstone Nears $3.4B Acquisition of Retail Opportunity Investments Corp. Amid Booming Demand for Retail Space

In a move that could reshape the U.S. retail real estate market, Blackstone Inc. (NYSE: BX) is reportedly in advanced discussions to acquire...

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CommercialFinanceIndustry NewsNews ReleasesSan Diego

Harbor Associates Acquires 211,000 SQFT Del Mar Office Campus for $77MM

(Editor’s Note: According to sources with knowledge of the transaction details, the property traded for $77 million, or around $365 per square foot....

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CommercialFinanceIndustry NewsPeople on the Move

Worthe Real Estate Group Appoints Chris Graham as Chief Investment Officer

Ex-Blackstone leader joins firm as preamble for inaugural fundraise Worthe Real Estate Group, a leading real estate development and investment firm, announced today...

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FinanceIndustry NewsLos AngelesRetail

Kohl’s at El Paseo Simi Shopping Center in Simi Valley Hits the Market for $19MM

Cushman & Wakefield has brought to the market an 87,963± square foot freestanding Kohl’s (+ Sephora) retail store for $19 million (roughly $216...

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CommercialFeaturedFinanceIndustry News

Blackstone Mortgage Trust Slashes Dividend by 24% as Office Loans Pressure Portfolio

In a sign of stress in the commercial real estate sector, Blackstone Mortgage Trust (BXMT) has announced a significant reduction in its dividend....

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CommercialFinanceIndustry NewsLos Angeles

Vanbarton Sells Hollywood Property for $25.5MM

An office property recently sold in Los Angeles showcases the limits of where commercial office assets have come over the last year or...

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FinanceIndustrialIndustry NewsOrange County

Rexford’s SoCal Industrial Spree Continues with $94MM Fullerton Warehouse Acquisition

In a move that underscores its unwavering confidence in the Southern California industrial market, Rexford Industrial Realty has added another trophy asset to...

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CommercialFeaturedFinanceIndustrialIndustry NewsResidential

Blackstone and Starwood Face Investor Exodus as Real Estate Market Wavers

Blackstone, the world’s largest commercial landlord, is projecting a rebound in the real estate market, but investor confidence remains shaky. This uncertainty is...

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FinanceIndustrialIndustry NewsInland Empire

Rexford Industrial Pays $26.7MM for Nearly 87,000 SQFT Industrial Property in Ontario

By Catherine Sweeney  Rexford Industrial is growing its holdings in Southern California. In one recent deal, the industrial investor acquired a nearly 87,000...

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