Clifton’s Republic, the bar and nightclub that replaced the historic Clifton’s Cafeteria in downtown Los Angeles, is killing its neon lights for good. Owner Andrew Meieran has permanently closed the 48,000-square-foot events... Read more »
Institutional Property Advisors (IPA), a division of Marcus & Millichap, CLOSED the sale of Axiom Westwood, a four-building, 153-unit student housing portfolio adjacent to the University of California, Los Angeles (UCLA) in the... Read more »
An overhaul of the La Brea Tar Pits and Page Museum is officially moving forward, marking one of Los Angeles’ most significant cultural redevelopment projects in years. The Natural History Museums of... Read more »
San Francisco-based Carmel Partners said Tuesday it had reached final close on Carmel Partners Investment Fund 9, its U.S. multifamily real estate value creation fund. Fund 9 closed at $1.35 billion and has... Read more »
Northgate Real Estate Group closed on a seven-building Brooklyn multifamily portfolio for $18.6 million, a 54% premium over the $12.1-million opening bid. The sale was conducted live and online and approved by... Read more »
The Azzi Group of Marcus & Millichap has closed the sale of 6121 Woodman Ave., a 45-unit apartment property in Van Nuys. The sale price was $9 million, or $200,000 per unit,... Read more »
There’s a lot of noise in real estate right now. Private listings. MLS debates. Industry changes. New rules. But what if none of it actually matters? TAKE THE INMAN INTEL INDEX SURVEY... Read more »
Levin Johnston, the #1 multifamily team nationally within Marcus & Millichap, represented the seller and procured the buyer in the investment sale of Park Plaza, a multifamily property located in San Jose. Executive... Read more »
Hanley Investment Group Real Estate Advisors completed the sale of four separate Southern California retail pad and strip center assets totaling more than $32 million. The properties were sold individually as part of... Read more »
Marcus & Millichap closed the $9.75-million sale of 42-81 Hunter St., a development site in the Court Square neighborhood of Long Island City, Queens. David Cornejo, Shaun Riney and Sean Fopeano of Marcus & Millichap’s New York City office, represented the seller, Werwaiss Properties, and procured the... Read more »