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Koreatown Los Angeles California Neighborhood Sign
AECIndustry NewsLos AngelesResidential

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...

Los Angeles Aerial Wilshire Blvd Condos and Apartments
AECFinanceIndustry NewsLos AngelesResidential

Douglas Emmett Bets on Adaptive Reuse With 323-Unit Conversion of Westwood’s Murdock Plaza

The Santa Monica REIT files plans to turn a 17-story Wilshire Boulevard office tower it acquired out of distress into apartments, pairing the...

Construction drawings on a computer screen
AECFinanceIndustry NewsLos AngelesResidential

Jamison Lands $60MM Fifth Third Loan to Convert 3424 Wilshire Office Tower into 260 Apartments in Koreatown

Recorded title documents show a related-party transfer of the 13-story Koreatown tower into a Delaware joint venture entity preceded the construction financing for...

901 Corporate Center Dr, Monterey Park, CA 91754
CommercialFinanceIndustry NewsLos Angeles

Reuters-Jamison Venture Closes Out 99,831-SQFT Monterey Park Tower at $17.7MM, a 19% Haircut

Focus Universal lands the Class A asset at roughly $177 per square foot, well below the $21.8MM asking price set in 2024, in...

office building
CommercialFinanceIndustry NewsOrange County

KNM Property Management Acquires 134,000 SQFT Newport Plaza in Irvine for $24.35MM

The Jamison Properties disposition adds to a wave of Airport Area office trades re-pricing Irvine’s institutional office base. KNM Property Management acquired Newport...

Skyline of Los Angeles during dusk
CommercialFeaturedIndustry NewsLeasingLos Angeles

Tenants Voting With Their Feet: How Flight-to-Quality Is Reshaping the Los Angeles Office Market

NAI Capital Commercial’s Tina LaMonica breaks down why Class B and C tenants are migrating into Class A buildings, why landlords are holding...

Los Ángeles downtown skyline
CommercialFinanceIndustry NewsLos Angeles

Bank of Hope Signs 50,000 SQFT Headquarters Lease at Aon Center in Downtown Los Angeles

The Korean American bank is relocating from Koreatown to the 62-story Class A tower, joining a growing roster of tenants betting on DTLA’s...

Image of a pile of coins with a ladder
FinanceIndustrialIndustry NewsLos AngelesOrange CountyResidential

Thorofare Capital Closes $74.2MM in Financing for Anaheim Industrial Complex and Mid-Wilshire Office-to-Residential Conversion by Jamison Properties

The lender’s latest deals underscore growing investor appetite for infill industrial assets and adaptive reuse projects across Southern California. Thorofare Capital has closed...

Skyline of Glendale, California
AECCommercialIndustry NewsLos AngelesResidential

Izek Shomof Files to Convert 19-Story, 400,000 SQFT Glendale Office Tower Into 312 Residential Units

Prolific adaptive reuse developer acquires 101 N. Brand Boulevard at a 54 percent discount from its 2016 sale price, betting on residential demand...

Image of a building with a blue sky
AECFinanceIndustry NewsLos AngelesResidential

Jamison Properties Closes $22MM Floating-Rate Loan to Finance Office-to-Residential Conversion of 259,484 SQFT Harbor Building in Los Angeles

The six-story Mid-Wilshire property, originally built in 1958, is positioned for a 265-unit multifamily redevelopment under the city’s newly expanded adaptive reuse framework....

JLL, National Retail Federation, Los Angeles, San Francisco, Seattle
AECFeaturedFinanceIndustry NewsLos Angeles

Los Angeles Multifamily Vacancy Climbs to 5.6% as Construction Pipeline Expands

Investment sales total $620.6 million as cap rates expand to 5.6 percent amid slowing absorption Los Angeles multifamily vacancy increased to 5.6 percent...

Skyline of Los Angeles during dusk
AECFeaturedFinanceIndustry NewsLos AngelesResidential

Los Angeles Multifamily Vacancy Rises to 5.2% as Sales Prices Drop 10% Year-Over-Year

Third-quarter data shows cooling demand with net absorption down 28.8 percent despite increased construction deliveries The Los Angeles apartment market is showing clear...

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