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 »
Los Angeles officials just made it easier to convert empty commercial buildings to housing, opening the door to the creation of thousands of apartments across a city clamoring for housing. Developer Garrett... Read more »
Newmark has arranged $64 million in permanent financing for Elle, a newly reimagined high-rise residential development located in Washington, D.C.’s Golden Triangle. Newmark Vice Chairman Brian Kochan, Director John Chobanian and Associate... Read more »
Real estate bridge lender Oak Funding, along with OakNorth Bank, has closed a $78-million co-loan to Bushburg, a vertically integrated real estate firm, to support its acquisition of 100 William St., a... Read more »
When it comes to converting real estate into self-storage facilities, L.A. leads the way. Los Angeles is one of the top markets in the country for redeveloping properties into self-storage, L.A. Business... Read more »
Jamison has landed key financing for the conversion of an office tower in downtown Los Angeles into housing. The Koreatown-based firm has secured $195 million from Prime Finance for the transformation of... Read more »
If you want better lead conversion rates in your real estate business, stop chasing volume, and start delivering real relevance, Josh Ries writes. At every stage of the client lifecycle, one thing... 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 »
CMCT, a REIT operated by affiliates of CIM Group, completed the conversion of the top two floors of a three-story, approximately 143,000-square-foot office building at 4750 Wilshire Blvd. into 68 luxury apartment... Read more »