Survey Unveils AI Usage Within the Construction Trades

Survey Unveils AI Usage Within the Construction Trades

Alex Kablanian Artificial intelligence and commercial real estate are being used in more sentences and write-ups lately. However, one real estate area in which AI hasn’t been publicized quite so much is... Read more »
-billion One Beverly Hills project gets off the ground

$10-billion One Beverly Hills project gets off the ground

Development of the massive One Beverly Hills residential and hotel complex reached a milestone over the weekend as construction started going vertical. The work to erect the two tallest towers in Beverly... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

Adaptive Reuse of West Village Garage Lands $120M Construction Loan

Marathon Asset Management’s commercial real estate platform has originated a $120-million construction loan for 125 Perry St., a high-end residential development in Manhattan’s West Village. A Marathon’ team led by managing director Joseph... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

Construction Wraps on Second Phase of Burbank’s First Street Village

Downtown Burbank has added to its housing and retail with the completion of the second phase of First Street Village, a three-phase mixed-use apartment community located at the intersection of First Street and Magnolia... Read more »
The Fed’s monetary policy is stifling new construction

The Fed’s monetary policy is stifling new construction

Since mortgage rates have headed higher again, I was anticipating that today’s housing starts report would be the last decent print before the effects of higher mortgage rates hit the builders, but... Read more »
CIM Wraps Construction on Boutique Office Building  

CIM Wraps Construction on Boutique Office Building  

CIM Group has completed construction of a 55,673-square-foot, three-story creative office building with two levels of below-grade parking at 3000 Crenshaw Blvd. in Los Angeles. The owner-operator said 3000 Crenshaw offers open... Read more »
Judge halts construction of massive warehouse project after scores of homes demolished

Judge halts construction of massive warehouse project after scores of homes demolished

A Southern California developer must halt construction of a controversial industrial park in San Bernardino County that has displaced scores of homes, after a judge found flaws in the project’s environmental impact... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

Century City Office Tower Secures $575M Construction Loan

Developer JMB Realty has secured a $575-million construction loan for 1950 Ave. of the Stars, a 730,000-square-foot office development in Century City, according to published reports. The loan was provided by an... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

Del Ray Lines Up Construction Loan on LA Project in Mid-Process

Del Ray Realty secured a $3,000,000 construction loan for a two-unit single-family development project at 1943-1945 Pinehurst Rd. in Los Angeles, with each unit comprising approximately 5,000 square feet. The lender was US... Read more »
Adaptive Reuse of West Village Garage Lands 0M Construction Loan

One Beverly Hills Secures $2B Construction Loan

Cain International has secured $2 billion in construction financing to support the development of One Beverly Hills, a nearly 18-acre project in Beverly Hills, reported the Los Angeles Business Times. The financing... Read more »