Douglas Emmett’s housing plans for the corner of Wilshire and Westwood Boulevards are coming into focus. On Wednesday, the Santa Monica-based real estate investment trust filed an application with the City of... Read more »
Cushman & Wakefield arranged $74.1 million in financing on behalf of the Silicon Valley Initiative Partnership for the conversion of the historic Bank of Italy building at 12 S. 1st St. in downtown San Jose. Deutsche Bank provided the financing. The... Read more »
The University of California, Los Angeles is moving deeper into the adaptive reuse game with redevelopment plans for a former shopping mall in West Los Angeles. A newly released environmental study outlines... Read more »
The World Trade Center in Downtown Los Angeles is in the spotlight as Mayor Karen Bass touts the city’s recently approved adaptive reuse ordinance. Bass stopped at the office complex at 350... Read more »
Compass Capital Investments has acquired RB Medical Plaza, a two-building, 75,598-square-foot office and medical asset located in San Diego. The property was acquired for $18,250,000, or $241 per square foot. The new... Read more »
CSC Real Estate has secured a $108-million construction loan from SCALE Lending, Slate Property Group’s debt financing arm, to support the residential conversion of 770 Second Ave., a 17-story, 237,000-square-foot property in... Read more »
Los Angeles–based Eagle Real Estate Partners has kicked off a new co‑investment partnership with TriPost Capital Partners with two apartment acquisitions. In March, Eagle and its institutional partners acquired the Hendrix and... Read more »
Thorofare Capital, a national commercial real estate debt manager and affiliate of Callodine Group, has closed on two floating-rate senior mortgage loans totaling $74.23 million in Southern California. The financings include an industrial... Read more »
RXR, in partnership with One Investment Management, has closed on more financing for the $500-million-plus office-to-residential conversion of 61 Broadway, an office building in Manhattan’s Financial District, into a 796-unit residential tower. Construction... Read more »
Housing production in Los Angeles is poised to pick up even more as a new adaptive reuse law goes into effect this month. The Citywide Adaptive Reuse Ordinance makes it easier for... Read more »