City: Los Angeles

RENTV.com Zurich Alternative Asset Management has paid $12.4 million, or $297.36/sf, for the 41,700-square-foot industrial property at 10329 Painter Ave. in Santa Fe Springs, Calif., which is 16 miles south of Los Angeles. The New York investment manager bought the ...

Charing Cross Partners has paid $39.7 million, or $369.17/sf, for the 107,539-square-foot shopping center at 19330 Hawthorne Blvd. in Torrance, Calif. The Santa Monica, Calif., investor purchased the property from Regency Centers of Jacksonville, Fla., in a deal brokered by ...

Square Mile Capital Management has provided $82.2 million of financing against the 250-unit Watermark apartment property that's being developed in the Reseda area of Los Angeles. The property, at 6625 Reseda Blvd., is being developed by a venture of Gelt ...

Rexford Industrial Realty Inc. has paid $93.8 million for a portfolio of six industrial properties with 464,415 square feet in Vernon, Calif., which is just south of downtown Los Angeles. The Los Angeles REIT bought the portfolio from Gautier Land ...

RENTV.com Embarcadero Capital Partners has secured $22.4 million of mortgage financing for Campus 56, a 51,400-square-foot office property in Los Angeles. The loan was provided by Rialto Capital Management and arranged by CBRE. Embarcadero, a San Francisco investment manager, had ...

SAFCO Capital Corp. has paid $15.9 million, or $251.53/sf, for the Paramount Business Park, with 63,214 square feet of industrial space in Compton, Calif. The Los Angeles developer bought the two-building property, at 6319-6421 East Alondra Blvd., from a venture ...

Multi Housing News Cityview has secured funding from opportunity zone investors for a $125 million apartment project with 296 units in Los Angeles. The project, Adams & Grand, would be developed at 2528 South Grand Ave. It was approved by ...

Sunstone Hotel Investors Inc. has sold the 502-room Renaissance Los Angeles Airport Hotel in Los Angeles for $91.5 million, or $182,271/room, to an undisclosed investor. The sales price amounts to a 6.8 percent capitalization rate based on the hotel's 2019 ...

Affiliates of Apollo Global Management Inc. have provided $250 million of senior financing against the THEA at Metropolis, a recently completed apartment complex with 685 units in downtown Los Angeles. The 56-story building, which includes 28,287 square feet of retail ...

Multi Housing News Positive Investments Inc. has purchased Mountain View Manor, a 200-unit affordable housing complex at 12960 Dronfield Ave. in Los Angeles for $29.4 million, or $147,000/unit. The Los Angeles investor bought the property from 21 Alpha Group of ...