Decron Properties Sells LA-Area Apartments for 2M

Decron Properties Sells LA-Area Apartments for $212M

Fed up with new transfer taxes and the inability to hike rents, Decron Properties is cashing out of Los Angeles.  The firm has sold two properties in the city of Los Angeles... Read more »
Advanced Snaps Up OC Apartments in SoCal’s Largest Single-Asset MF Deal for 2023 

Advanced Snaps Up OC Apartments in SoCal’s Largest Single-Asset MF Deal for 2023 

Advanced Real Estate closed out 2023 by acquiring a 714-unit Costa Mesa apartment property for a reported $234 million. To be rebranded as The Grand Costa Mesa, it represents the year’s largest... Read more »
Advanced Real Estate Buys Costa Mesa Apartments for 4M

Advanced Real Estate Buys Costa Mesa Apartments for $234M

Advanced Real Estate has paid $234 million to acquire a 714-unit apartment complex in Costa Mesa. For context, this single transaction eclipsed the money involved in all multifamily deals in Orange County... Read more »
Former Tenants Sue Irvine Company for Moldy Apartments

Former Tenants Sue Irvine Company for Moldy Apartments

Former renters at a luxury apartment complex in Newport Beach are suing the Irvine Company over alleged exposure of toxic mold. Seventeen former tenants of the Newport Bluffs have filed a lawsuit... Read more »
Goldrich Kest Wins Appeal for 129 Apartments in Studio City

Goldrich Kest Wins Appeal for 129 Apartments in Studio City

UPDATED Dec. 20, 11:35 A.M.: Goldrich Kest has beat back an appeal by a labor group trying to block its 129-unit apartment complex in Studio City. The Los Angeles City Council voted... Read more »
RAFA LA Development Plans for 32 Apartments in Pasadena

RAFA LA Development Plans for 32 Apartments in Pasadena

RAFA LA Development wants to build a 32-unit apartment building in Pasadena. The locally based developer led by Ramzi Mazloum has filed plans to build a three-story complex at 810 North Marengo... Read more »
TADG Pitches Apartments Above a Car Showroom in Encino

TADG Pitches Apartments Above a Car Showroom in Encino

In what may be the first development of its kind in Los Angeles, TADG Real Estate Group has proposed building an apartment tower above a car dealership in Encino. Jason Majzoub of... Read more »
Blake Griggs to Replace Monrovia Offices With Apartments

Blake Griggs to Replace Monrovia Offices With Apartments

Blake Griggs Properties wants to replace a 1.6-acre office park in Monrovia with 200 apartments. The Danville-based developer led by Bradley Blake and Brad Griggs has filed plans to build a five-story... Read more »
Eleos Plans 221 Affordable Apartments in South Park

Eleos Plans 221 Affordable Apartments in South Park

Eleos Ventures plans to build a 221-unit affordable apartment building in L.A.’s South Park. The Beverly Hills-based affordable housing developer led by David Aghaei and Daniel Dayan have filed plans to build... Read more »
NoHo Project Would Combine Apartments With Self-Storage

NoHo Project Would Combine Apartments With Self-Storage

Developers typically pitch mixed-use developments as compounds with residential, office and retail elements, Trojan Storage, headquartered in Redondo Beach, has proposed a self-storage compound with nine apartments.  The self-storage company filed an... Read more »