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Washington Capital has paid $40 million, or $509.50/sf, for the 78,509-square-foot office property at 501 Santa Monica Blvd. in Santa Monica, Calif., a city that’s 16 miles west of Los Angeles. The Seattle investment manager purchased it from Kilroy Realty ...
Parkview Financial has provided $64 million of financing for the construction of the 248-unit Haven + Arrow apartment complex in Rancho Cucamonga, Calif. Westport Construction of Monrovia, Calif., is building the property at 8500 Haven Ave., about 40 miles east ...
Commercial Real Estate Direct Staff Report The $175 million of CMBS debt against Beverly Connection, a 346,023-square-foot retail center in Los Angeles, has been extended through next July. The loan, which had matured last August, is scattered among three CMBS ...
Regent Properties has paid $33.5 million, or $507,575/unit, for the 66-unit TENTEN Glendale apartment property in the Los Angeles suburb of Glendale, Calif. The Los Angeles investment manager purchased the property from its developer, Amidi Group of Redwood City, Calif., ...
Commercial Real Estate Direct Staff Report Unibail-Rodamco-Westfield has lined up a fresh $925 million mortgage to refinance its Westfield Century City Mall in Los Angeles. The Dusseldorf, Germany, mall owner lined up the five-year, fixed-rate loan from Bank of America, ...
Kamyar and Tyler Mateen have paid $69 million, or $381.64/sf, for Hollywood Collection, a two-building retail center with 180,797 square feet in Los Angeles. Kamyar is the co-founder of Tinder and principal at Cannon Commercial Inc., while Tyler is his ...
Commercial Real Estate Direct Staff Report Jonathan Rose Cos. has paid $83 million, or $345,833/unit, for the 240-unit Coventry Court age-restricted apartment property in the Los Angeles suburb of Tustin, Calif. The New York investment manager purchased the property, at ...
Space Investment Partners has paid $118.5 million, or $299.47/sf, for the 395,703-square-foot Fullerton Metrocenter retail center in the Los Angeles suburb of Fullerton, Calif. The Corona del Mar, Calif., investor bought the property from Kite Realty Group of Indianapolis, which ...
Commercial Real Estate Direct Staff Report Kamyar and Tyler Mateen have paid $69 million, or $381.64/sf, for Hollywood Collection, a two-building retail center with 180,797 square feet in Los Angeles. Kamyar is the co-founder of Tinder and principal at Cannon ...
Hanes Investment Realty Inc. has paid $27.4 million, or $307,865/unit, for the 89-unit Lynn Villa apartments in Thousand Oaks, Calif., roughly 40 miles west of Los Angeles. The West Lake Village, Calif., company purchased the property, at 693 McCloud Ave., ...
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