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a rendering of an apartment with furniture
FinanceIndustry NewsLos AngelesNews ReleasesResidential

Ideal Capital Group Sells Two Central Valley Communities for a total of $61.62MM

(EDITOR’S NOTE: According to public documents reviewed by The Registry, the seller was an entity affiliated with Clovis-based Ideal Capital Group.) FRESNO, Calif.  — Northmarq’s Fresno Investment...

Costa Mesa Orange County Aerial
AECCommercialFinanceIndustry NewsOrange CountyResidential

Meritage Homes Buys Trinity Broadcasting’s Costa Mesa Campus for $44.5MM in Residential Land Play

A sprawling Christian media compound along one of Orange County’s busiest freeway corridors has changed hands for $44.5 million, according to property records...

FinanceHospitalityIndustry NewsLos Angeles

Chrome Hearts Acquires Malibu’s 20-Room Surfrider Hotel for $37.5MM in Rare High-End Hospitality Deal

Luxury fashion brand’s oceanfront purchase marks one of California’s priciest per-room deals amid challenging hotel market conditions Luxury fashion brand Chrome Hearts has...

Industrial warehouses
FinanceIndustrialIndustry NewsOrange County

Lincoln Property & Artemis Snap Up 250,000 SQFT Orange County Warehouse in $67MM Deal

Paper Mart’s former headquarters represents a bet on Southern California’s industrial real estate market as landlords eye post-pandemic tenant demand Lincoln Property Co....

office building exterior
AECIndustry NewsOrange CountyResidential

CityView Eyes 422-Unit Residential Project at Newport Summit Campus Near UCI Health Hospital

Office-to-apartment conversion plans surface for Irvine property A two-building office complex in Irvine is the latest casualty of the post-pandemic office market downturn,...

Long Beach Sign leading to downtown
CommercialFinanceIndustry NewsLos Angeles

Shomof Group Acquires Long Beach’s 460,000 SQFT Landmark Square for $50MM at 63% Discount in Distressed Office Market Sale

Landmark Square sale underscores persistent challenges in California’s post-pandemic office market In a transaction that highlights the continuing distress in California’s commercial office...

Clothes on a rack with shopping bags on the floor
FinanceIndustry NewsLos AngelesRetail

Optimus Properties Pays $9.4MM for 22,000 SQFT Echo Park Retail Center

LA investment firm expands neighborhood presence with third acquisition on key Los Angeles corridor Los Angeles-based Optimus Properties, LLC closed on its purchase...

Medical reception desk
CommercialFinanceLos AngelesNews Releases

Private Investors Purchase 27,000 SQFT Imperial Medical Plaza in Los Angeles for $5.3MM

(EDITOR’S NOTE: According to public documents reviewed by The Registry, the sale, which closed on August 28th, was for $5,250,000, or around $197 per...

Grocery store
FinanceIndustry NewsLos AngelesRetail

Artemis Sells 76,000 SQFT Pasadena Retail Plaza for $42MM

Vons-anchored shopping center sells at $551 per square foot as grocery-anchored properties remain investor favorites A prominent Pasadena retail center has sold for...

Shopping bags with a yellow background
FinanceIndustry NewsLos AngelesRetail

Brookfield to Divest 22,000 SQFT Retail Portion of Kith @ 8500 Sunset in West Hollywood

Canadian investment giant sells ground-floor retail condo at West Hollywood mixed-use development Brookfield Asset Management is divesting the retail portion of a trophy...

benoit-debaix-c-HGZNddplw-unsplash-hollywood
CommercialFinanceIndustry News

Hollywood Landmark Sells for $7 Million After Sharp Price Cut

Walk of Fame property traded at 80 percent discount to original asking price as commercial real estate market remains under pressure The iconic...

Santa Monica beach with downtown in the background
AECIndustry NewsLos AngelesResidential

Public Hearing Announced for 23-Story Mixed-Income Tower in Santa Monica

The City of Santa Monica has announced a public hearing in September for a 23-story mixed-income residential tower at 1520 7th Street that...

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