JLL made two recent personnel moves: Dillon Bergum, who joined the Southern California multifamily investment sales team, and Paul Brindley, who returned to the U.S. to co-head the Los Angeles capital markets... Read more »
Rithm Capital Corp. said Friday it had completed its previously announced $1.6-billion acquisition of Paramount Group, Inc., a vertically integrated REIT that owns, operates and manages Class A office properties in New... Read more »
As Netflix and Paramount fight to buy Warner Bros. Discovery, Hackman Capital Partners is bracing for impact. Los Angeles-based Hackman, the largest independent owner and operator of soundstages, is facing high studio... Read more »
Priority Capital Advisory, a Los Angeles-based boutique debt and equity capital advisor, has secured $18 million in senior debt financing to construct 17188 Chatsworth, a 69-unit affordable multifamily community in Granada Hills.... Read more »
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title... Read more »
Jamison is partnering with Arc Capital Partners on the adaptive reuse of 3325 Wilshire Blvd., a 1950s-era office building in Los Angeles’ Koreatown. The 233,000-square-foot property will be redeveloped into 236 apartments... Read more »
Gortikov Capital said Monday it had acquired Samo Collection, an 11-building portfolio of 399 income- and rent- restricted affordable housing in Santa Monica for $120 million. The seller was not disclosed. The new... Read more »
Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors, announced that Freddie Mac lenders may resume requesting quotes for Meridian-brokered loans beginning on... Read more »
Real estate manager CP Capital on Thursday announced the sale of The Gabriel, a four-story, 312-unit apartment community in Pomona. The buyer and sale price were not disclosed. Completed in 2022, the property at... Read more »
Dwight Capital closed a $38.4 million HUD 223(f) refinance for Volta at Voyager, a 200-unit garden-style mountain-view apartment community in Colorado Springs, CO. The refinance benefited from a Green Mortgage Insurance Premium (MIP)... Read more »