U.S. apartment rents were essentially flat in July, with the national average rising +0.03% to $1,747 from June’s upwardly revised level of $1,746, CoStar Group’s Apartments.com reported Wednesday. This marks the eighth... Read more »
Affiliated Development has closed on a $74 million construction loan with Pacific Life Insurance Company for The Cove, a mixed-use, mixed-income multifamily development on the northwest corner of Sunrise Boulevard and Federal... Read more »
“More is more and less is a bore.” ― Iris Apfel After spending decades collecting clean-lined Midcentury Modern furniture and accessories, stylist Wendi Weger felt it was time to give her Silver... Read more »
Kennedy Wilson is looking to add much-needed housing to Santa Monica’s multifamily inventory. The Beverly Hills-based firm filed an application with the City of Santa Monica’s Community Development Department to build an... Read more »
CIM Group completed the acquisition of Domain WeHo, a 166-unit apartment community in West Hollywood, in partnership with Hulic Co., Ltd. Although terms were not disclosed, LA Business First reported that the... Read more »
Former Los Angeles Dodgers owner Frank McCourt has listed the opulent New York City apartment he bought the same year he sold his stake in the legendary sports team—offering up the “distinguished”... Read more »
Northmarq’s Los Angeles Investment Sales team of Mike Hanassab, Steven Goldstein and Elliot Hassan arranged the $13.125 million sale of 3717 Cardiff Ave., a 45-unit garden apartment community located in the Palms neighborhood of Los Angeles, near Culver City.... Read more »
Inland Real Estate Group sold Westlink at Oak Station at 1665 Pierson St. in Lakewood for $71.5 million. Inland bought the property in 2016 for $63 million. Amenities at the community include... Read more »
A developer is downsizing its proposed multifamily development in Glendale more than two years after the plans first surfaced. A new application filed with the City of Glendale outlines new plans from... Read more »
Bastion Development is moving forward with new plans for a mixed-use project on the border between Los Angeles’ Mar Vista and Culver City. The Vancouver-based firm submitted a new application with the... Read more »