Uncommon eyes affordable apartment building in Northridge

Uncommon eyes affordable apartment building in Northridge

Uncommon Developers has added an affordable apartment complex in Northridge to its growing list of multifamily projects across Los Angeles. The Chatsworth-based builder has filed plans to construct a 255-unit apartment building... Read more »
Biotech Billionaire Buys El Segundo Office Building for M

Biotech Billionaire Buys El Segundo Office Building for $25M

NantWorks, the biotech holding company run by Los Angeles-based billionaire Patrick Soon-Shiong, has bought another El Segundo office building, boosting its portfolio of office, land and data centers in the South Bay... Read more »
Opinion: Don’t gut L.A.’s best shot at building affordable housing

Opinion: Don’t gut L.A.’s best shot at building affordable housing

Last October, the Los Angeles City Planning Department ditched some of the region’s most ambitious actions to tackle racial and economic segregation and confront the ongoing affordability crisis. Two housing initiatives —... Read more »
Digital Signage to Wrap Around Sunset Strip Office Building

Digital Signage to Wrap Around Sunset Strip Office Building

The riddle wrapped in a mystery could well describe a billboard under construction in West Hollywood — with an enigmatic office building tucked inside. United El Segundo, a holding company led by... Read more »
Developer Snags Retail, Office Building at Huge Discount

Developer Snags Retail, Office Building at Huge Discount

A joint venture of Farpoint Development and MCZ Development is under contract to pay a little more than $20 million for a retail and medical office building. The move to swoop in... Read more »
Developer Snags Retail, Office Building at Huge Discount

Allstate Taps Colliers to Sell Downtown Chicago Office Building

Allstate has hired Colliers to sell an office building the company purchased in 2022, located at 29 N. Wacker Drive, reported Crain’s. The insurance firm had purchased the property nearly two years... Read more »
Architect of Capitol Records building sets record straight

Architect of Capitol Records building sets record straight

Architect Louis Naidorf had a disastrous 80th birthday cake. In 2008, Naidorf, who designed the Capitol Records building in Hollywood, was presented with a celebration cake that had been custom-baked in the... Read more »
Developer Snags Retail, Office Building at Huge Discount

Medical Building Portfolio Trades for $86M

JLL has arranged the $86 million sale of a collection of four mission-critical medical properties totaling over 181,000 square feet located in the Chicago, Illinois, area as well as Arizona and Florida.... Read more »
FH One to Convert PG&E Building in Oakland Into Housing

FH One to Convert PG&E Building in Oakland Into Housing

FH One wants to replace a parking lot of a former headquarters for PG&E in Downtown Oakland with an eight-story apartment building. DM Development, based in San Francisco, filed plans on behalf... Read more »
LA Office Building Sales Plummet 41% in 2023

LA Office Building Sales Plummet 41% in 2023

Rising interest rates, the City of Los Angeles’ new transfer taxes, remote work and lackluster tenant demand made buyers uninterested in L.A. office buildings last year. Investors spent about $2.2 billion on... Read more »