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AECFinanceIndustry NewsLos AngelesResidential

Linc Housing Bets on Its Own Backyard, Filing Plans for 109-Home, 145,000 SQFT Affordable Tower at 3590 Elm Ave. in Long Beach

Long Beach-based developer Linc Housing has filed plans to demolish its own headquarters north of the 405 Freeway and replace it with a...

402 atlantic ave rendering
AECIndustry NewsLos AngelesResidential

New Century Development Files Plans for 82-Unit Apartment Building at 402 Atlantic Ave. in Downtown Long Beach

New Century Development has filed an application to replace a long-shuttered Downtown Long Beach service station with a seven-story, 82-unit apartment building, adding...

trade port
FeaturedFinanceIndustry NewsLos Angeles

California Exports Climb 7.7% in April, But Gains Reflect Pre-War Orders, Beacon Economics Says

California’s merchandise exports posted a solid year-over-year gain in April even as the state ceded ground to Texas on both sides of the...

Long Beach with the marina in the foreground
AECIndustry NewsLos Angeles

Beam Global Lands Repeat Long Beach Order for Six Off-Grid Solar EV Chargers as Municipal Fleet Demand Builds

The City of Long Beach is expanding its electric vehicle charging network with six additional off-grid, solar-powered EV ARC systems from San Diego-based...

Clothes hanging on hanger
FinanceIndustry NewsLos AngelesRetail

Pacific Retail JV Negotiates Workout as $309MM Loan on 2MM SQFT Lakewood Center Reaches June Maturity

Less than a year after acquiring Lakewood Center from Macerich for $332.1 million, the joint venture of Pacific Retail Capital Partners, Lyon Living...

Long Beach Sign leading to downtown
AECCommercialHospitalityIndustry NewsLos Angeles

Long Beach Bets $21.3MM on 11,000-Seat Waterfront Amphitheater to Replace Shrinking Oil Revenue

Long Beach opens the F&M Bank Amphitheater, a $21.3 million temporary venue beside the Queen Mary, this week, wagering that an 11,000-capacity concert...

Long Beach with the marina in the foreground
FinanceIndustry NewsLos AngelesResidential

Downtown Long Beach’s 200 W Ocean Tower Clinches $46.25MM Refinancing Ahead of Olympics Boom 

A 106-unit luxury adaptive reuse project on Ocean Boulevard secures three-year floating-rate debt from Tower-Keep as capital flows into Long Beach’s pre-2028 building...

warehouse truck ports and doors
IndustrialIndustry NewsLeasingLos Angeles

Medical Chemical Corporation Lands 65,670 SQFT Lease at Terreno Realty Building in Rancho Dominguez

The Torrance-based laboratory reagent maker is consolidating four units into a single, upgraded facility, capitalizing on a softer South Bay market to lock...

Long Beach Sign leading to downtown
CommercialFinanceIndustry NewsLos Angeles

12,800 SQFT Bank Branch Duo on Long Beach’s 2nd Street Hits Market at $19.5MM

Kidder Mathews is marketing a two-property single-tenant net lease portfolio leased to Bank of America and U.S. Bank along the Belmont Shore and...

Construction worker on the site
AECFeaturedIndustry NewsInland EmpireLos AngelesOrange CountySan Diego

Southern California Construction Loses 13,800 Jobs as Every Major Metro Contracts

Los Angeles-Long Beach-Anaheim shed 6,200 construction jobs while the Inland Empire dropped 2,900 and San Diego gave back 1,500, signaling a region-wide pullback...

Hotel sign on top of a building
FinanceHospitalityIndustry NewsLos Angeles

Dauntless Capital Sells Pasadena Residence Inn for $65MM at $451,000 Per Key

Houston firm clears a 26 percent markup on a hotel it bought in 2021, defying a slumping Los Angeles hospitality market Dauntless Capital...

Long Beach Sign leading to downtown
FinanceIndustry NewsLos AngelesRetail

Charles Company Lists 145,000 SQFT Sports Basement-Leased Long Beach Retail Asset for $28.7MM

The West Hollywood developer is testing the single-tenant net-lease market with a Long Beach asset anchored by a 13-year sporting goods lease, four...

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