Fire-damaged Pacific Palisades shopping center sets reopening date

Fire-damaged Pacific Palisades shopping center sets reopening date

The luxury shopping center in Pacific Palisades will reopen next month after more than $100 million in renovations forced by the January 2025 wildfire that devastated the Los Angeles neighborhood. Palisades Village... Read more »
JLL Arranges Sale of Lincoln Park Retail Center to Curbline Properties

JLL Arranges Sale of Lincoln Park Retail Center to Curbline Properties

JLL has secured the sale of Clybourn Center, a 33,140-square-foot unanchored strip center strategically located in Chicago’s Lincoln Park neighborhood. JLL’s Capital Market Investment and Sales Advisory team, representing the seller, was... Read more »
City approves mega development that will alter downtown L.A. skyline

City approves mega development that will alter downtown L.A. skyline

A massive real estate development that would include more than 1,500 residences, dramatically transform three city blocks and alter the downtown Los Angeles skyline was approved Tuesday by the City Council. The... Read more »
Rosemead Retail Center Secures Refinancing From Wells Fargo

Rosemead Retail Center Secures Refinancing From Wells Fargo

Another retail complex in Southern California has landed a refinancing package as the sector appears poised for a return to normalcy.  Rosemead Place, a 336,718-square-foot shopping center at 3506-3864 Rosemead Boulevard in... Read more »
Downtown L.A. World Trade Center to become affordable apartments

Downtown L.A. World Trade Center to become affordable apartments

An aging downtown office complex will be converted into apartments as part of an ambitious plan by local real estate companies to create 4,000 affordable housing units in Los Angeles. The first... Read more »
‘Zombie HOA’ Now the Center of Lawsuit in Florida

‘Zombie HOA’ Now the Center of Lawsuit in Florida

Homeowners at a townhome complex in Homestead, FL, are taking the developer of the complex to court for allegedly failing to transfer HOA control over to the homeowners. In fact, homeowners in... Read more »
Walker & Dunlop Arranges Wells Fargo Refi for Rosemead Center

Walker & Dunlop Arranges Wells Fargo Refi for Rosemead Center

Walker & Dunlop has arranged a $46-million refinance loan for Rosemead Place, a prominent retail center in Rosemead. The Walker & Dunlop Capital Markets Real Estate Finance team led by Trevor Fase and Lynn Pearson secured the fixed-rate, interest-only permanent debt... Read more »
Bronx STEAM Sets Up Shop at Simone’s Hutchinson Metro Center Atrium

Bronx STEAM Sets Up Shop at Simone’s Hutchinson Metro Center Atrium

Simone Development Companies announced that the New York City School Construction Authority has signed a long-term lease to establish the new Bronx STEAM Center in 54,245 square feet across two floors at the Hutchinson Metro... Read more »
‘Audaciously Brutalist’ Obama Presidential Center Opens in Chicago

‘Audaciously Brutalist’ Obama Presidential Center Opens in Chicago

The Obama Presidential Center in Chicago opened to the public on the Juneteenth holiday Friday, following plenty of controversy over its “audacious” brutalist design. The striking complex in the Jackson Park neighborhood on... Read more »
Wellpointe Plans Senior Housing Buildings in Warner Center

Wellpointe Plans Senior Housing Buildings in Warner Center

Wellpointe is moving forward with its affordable senior housing development in Warner Center.  The senior housing operator filed plans with the Los Angeles Department of City Planning for a four-tower, 100 percent... Read more »