City: Los Angeles
CBRE Lends $75Mln Against Los Angeles Apartment Property
CBRE Investment Management has provided $75 million of financing against the 900 Apartments, a 193-unit property in Los Angeles' Koreatown neighborhood. The three-year loan allowed the property's owner, which could not be identified immediately, to retire construction debt and facilitate ...
MF1 Capital Lends $328.8Mln Against Los Angeles Apartment Portfolio
MF1 Capital has provided $328.8 million of financing to facilitate Laguna Point Properties' purchase of a portfolio of five apartment properties with 1,037 units in Los Angeles. The Mission Viejo, Calif., investor purchased the properties from DTLA Management, according to ...
Los Angeles-Area Office Property Sells for $27Mln
San Fernando Valley Business Journal California Commercial Investment Cos. has paid $27 million, or $305.66/sf, for Westlake Plaza Center, an 88,334-square-foot office property in Westlake Village, Calif. The local investment and management company purchased the property from Majestic Asset Management, ...
Mesa West Lends $70.3Mln for Purchase of 2 L.A.-Area Industrial Properties
Mesa West has provided $70.3 million of financing for the acquisition, by a venture of Staley Point Capital and Bain Capital Real Estate, of a pair of industrial properties totaling 314,449 square feet near Los Angeles. JLL arranged the floating-rate ...
Los Angeles-Area Apartment Property Sells for $74.5Mln
Los Angeles Business Journal Ideal Capital Group has sold Elements 616, a 105-unit apartment property in Redondo Beach, Calif., for $74.5 million, or $709,523/unit. The Clovis, Calif., investment firm sold the three-story property to an unnamed investor that was represented ...
Buchanan Mortgage Lends $47Mln for Southern Calif. Apartment Project
Buchanan Mortgage Holdings has provided $47 million of construction financing for the proposed 127-unit Lumia Apartments in Azusa, Calif., which is 25 miles east of Los Angeles in the San Gabriel Valley. The loan is the third that the lender, ...
Washington Plaza
It is 98 percent leased anchored by 99 Cents Only and Rite Aid. Other tenants include Dunkin' Donuts, Baskin Robbins, El Pollo Loco, T-Mobile, Panda Express and Boost Mobile.
Mesa West Lends $84.75Mln Against 2 Los Angeles Apartments
Mesa West Capital has provided $84.75 million of financing against the HW and the BW by CLG, a pair of apartment properties with a total of 157 units in the Hollywood and Brentwood neighborhoods of Los Angeles. The two boutique ...
Los Angeles Retail Center with 43,000 SF Sold for $30Mln
L.A. Business First Hollywood Holdings has paid $30 million, or about $697.67/sf, for the Gershwin Lofts Retail @ Hollywood, a 43,000-square-foot retail center in Los Angeles. The local company purchased the property from CIM Group. The property is comprised of ...
L.A.-Area Office Gets Recapitalized in $29.7Mln Deal
The ownership of the Agoura Hills Business Park, a 113,991-square-foot office property in the Los Angeles suburb of Agoura Hills, Calif., has been recapitalized in a deal valuing the two-building property at $29.7 million, or $260/sf. Harbor Associates, which had ...
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