City: Los Angeles

Holland Flower Market has paid $34.1 million, or $374.68/sf, for the 91,010-square-foot industrial property at 5555 East Slauson Ave. in the City of Commerce, Calif., about eight miles south of Los Angeles. The floral distribution company acquired the building from ...

Marcus & Millichap Capital Corp. has arranged $85 million of financing for the construction of a 140-unit apartment property at 55 North La Cienega Blvd. in Beverly Hills, Calif. The four-year loan was provided by a national bank on behalf ...

The Real Deal Investment firm 601W Cos. has acquired the Wells Fargo Center North Tower, a 1.4 million-square-foot office property in downtown Los Angeles. The purchase price could not yet be learned, but reports on the sale from earlier this ...

REBusiness Online Bluhm Family Foundation has broken ground on Marisol, a 214-unit seniors-housing property in Huntington Beach, Calif. The Chicago company is building the property at 2120 Main St., about 35 miles south of Los Angeles. The project has received $252.1 ...

Commercial Real Estate Direct Staff Report Nationwide has provided $33.5 million of mortgage financing against the 178,454-square-foot industrial property at 15959 Piuma Ave. in Cerritos, Calif., about 16 miles south of Los Angeles. JLL Capital Markets arranged the fixed-rate loan ...

A venture of PCCP and Alliance Residential Co. has paid $65.3 million, or $354,891/unit, for the 184-unit Hawthorne apartment property in Riverside, Calif. The seller was a venture of Carlyle Group and Brandywine Homes, according to a report in Multi-Housing ...

Commercial Real Estate Direct Staff Report The Roostaeian family office has lined up $65 million of mortgage financing from Bank of America against nine of its apartment properties with 200 units in Los Angeles. The family, led by Linda and ...

Universe Holdings Development has paid $28 million, or $538,462/unit, for the 52-unit Park Encino apartment property in the Los Angeles suburb of Encino, Calif. The Los Angeles investment manager bought the 12-year-old property from affiliates of Blackstone Property Partners in ...