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CommercialFeaturedFinanceIndustry News

CMBS Distress Rate Jumps to 11.86% in May as Office Pain Deepens and April Dip Evaporates

A one-month improvement in April proved fleeting as CRED iQ’s combined CMBS distress rate snapped back to 11.86 percent in May 2026, with...

Beverly Hills aerial photo
AECFinanceIndustry NewsLos AngelesResidentialRetail

Westland Development Lands $85MM Construction Loan for 140-Unit Project at 55 North La Cienega in Beverly Hills

After more than a decade in the entitlement pipeline, Westland Development Group has secured $85 million in construction financing to build what is...

Construction site with machinery moving earth
AECIndustry NewsLos AngelesResidentialRetail

LA Approves 814-Unit Riverwalk at Studio City on Ventura Boulevard, Clearing Genton-Led Venture to Build 745,000-SQFT Project

A joint venture of Genton Property Group, RC Development and Torino Companies has won city approval for Riverwalk at Studio City, an 814-unit...

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...

airport with planes in line to take off
FinanceIndustrialIndustry NewsLos Angeles

OlivePoint Capital Lands 40,500 SQFT Hawthorne Airport Hangar Campus for $32.5MM

OlivePoint Capital has acquired the fully leased, five-building hangar campus at 3507 Jack Northrop Avenue adjacent to Hawthorne Municipal Airport for $32.5 million,...

Culver City skyline
AECFinanceIndustry NewsLos AngelesResidentialRetail

Fully Entitled 1,077-Unit Culver City Development Site Hits the Market Across Three Divisible Parcels

A fully entitled 8.34-acre assemblage in the heart of Culver City’s tech-and-entertainment corridor has come to market with approvals for 1,077 residential units...

bank facade
CommercialFinanceIndustry NewsOrange CountyResidential

Private Investor Pays $11MM for Former Farmers & Merchants Bank Site in Garden Grove

The 2.23-acre mixed-use-zoned parcel traded at more than $1,125 per square foot, among the highest in the submarket, as residential redevelopment potential drove...

Hollywood sign in Hollywood hills
AECIndustry NewsLos AngelesResidentialRetail

Charles Company Pivots Melrose Triangle to 282-Unit Residential Plan in West Hollywood

After more than a decade of false starts, the Charles Company has scrapped its office component and reframed the long-stalled 2.7-acre site as...

Medical office graphic
AECIndustry NewsLos AngelesResidentialRetail

LA County Unveils $2B Master Plan to Convert General Hospital into Mixed-Use Healthy Village 

Centennial Partners’ 15-year redevelopment of the 31-acre Boyle Heights campus could deliver up to 3,200 housing units and one of L.A.’s largest adaptive...

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