Netflix is set to drop nearly $400 million on a century-old Los Angeles movie studio that was seized by banks in a foreclosure. The Studio City lot last traded five years ago... Read more »
Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $132-million first-mortgage acquisition loan secured by 333 S. Grand Ave., a 55-story, Class A office tower totaling... Read more »
The 1.5-million-square-foot San Francisco Centre mall, which closed late last month, may be on the verge of new ownership, likely at a deep discount, the San Francisco Chronicle reported. At least four... Read more »
The Consumer Financial Protection Bureau (CFPB) on Friday issued a report indicating that it is taking a closer look at the impact of “discount points” on mortgage transactions, noting that use of... Read more »
South Korean investment manager Consus Asset Management has agreed to pay $145 million, or $145 per square foot, for the one-million-square-foot office tower at 777 S. Figueroa St. in Downtown Los Angeles, reported Bloomberg... Read more »
A joint venture of Farpoint Development and MCZ Development is under contract to pay a little more than $20 million for a retail and medical office building. The move to swoop in... Read more »
Dollinger Properties is prepared to sell a 146,000-square-foot office building in Brea for less than it paid for the property in 2019. The Redwood City-based firm has put 1800 East Imperial Highway... Read more »
United Wholesale Mortgage (UWM) announced Wednesday that it’s allowing its broker partners to offer a temporary discount of 100 basis points (bps) for conventional rate-and-term refinances. The discount is valid on new loan... Read more »
Kaiser Foundation Health Plan has paid $67 million for a 223,900-square-foot medical office building in Santa Clarita from an entity tied to Global Net Lease, according to property records. The sale came... Read more »
Harbor Associates, LLC, in a joint venture with F&F Capital Group, acquired a five-story, 164,683-square-foot Class A creative office building on Los Angeles’ Westside for $44.713 million. The Los Angeles Business Journal reported... Read more »