Cox, Castle & Nicholson LLP served as counsel to Shores LLC in the sale of Shores, a 544-unit multifamily community in Marina del Rey, for $170 million to Jackson Square Properties affiliates. The transaction... Read more »
The Southern California luxury residential market wasn’t playing around this week. A new build in Corona del Mar sold at an all-time price record for the relatively old-money enclave of Newport Beach,... Read more »
A creative office campus in Marina Del Rey received $80 million in refinancing from Goldman Sachs. Continental Development and Mar Ventures, owners of the Del Rey Campus property, secured an $80 million... Read more »
Changes are afoot in coastal Orange County, with The Agency making big moves for its Corona del Mar office to kick off the year. The Mauricio Umansky-led brokerage said it brought on... Read more »
NAI Capital Commercial purchased a shopping center in Torrance in the largest retail sale of last year in the South Bay market. DJM Capital Group sold Village del Amo at 21201-21327 Hawthorne... Read more »
Gantry secured a $27.8-million permanent loan to refinance the R3 by CLG apartment building located at 4091 Redwood Ave. in Marina del Rey. The 85-unit apartment building was originally delivered in 2016.... Read more »
A joint venture of Harbor Associates, LLC and F&F Capital Group has acquired Highlands Corporate Center, a Class A 211,000-square-foot, five-building multi-tenant office campus in San Diego. Deal terms were not disclosed. Located... Read more »
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 »
TPG Real Estate Capital has unloaded a 2.3-acre multifamily development site in Playa del Rey, just a few months after foreclosing on the property. Kajima USA, the U.S. arm of Tokyo-based construction... Read more »
Notwithstanding a volatile commercial lending market, particularly relating to office buildings, Del Ray Realty founder Ray Rowshankhah secured a favorable loan structure at 85% LTV for the acquisition of 501 S. Beverly, a three-story... Read more »