Los Angeles fund manager Capital Group has completed its $210-million purchase of the Bunker Hill skyscraper it already occupied as a renter and vows to continue expanding its downtown presence. Capital Group... Read more »
It was a DTLA week — so, let’s take it from the top. Northwind announced it made a $132 million first-mortgage acquisition note to back 601W’s purchase of Wells Fargo Center’s North... Read more »
Los Angeles has one of the deadest downtowns in the world, according to a new survey. Out of 75 of the top cities around the world, L.A. ranked among the lowest for... 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 »
Jack Resnick & Sons secured 119,000 square feet of new office and retail leases at 250 Hudson St., bringing occupancy at the Hudson Square office tower to 99%. Four of the six new transactions... Read more »
JLL Capital Markets has completed the $31.5-million sale of The Shops at Parkway Plaza, a grocery-anchored retail center totaling 122,484 square feet in El Cajon. JLL represented the private seller in the sale of the... Read more »
Stream Realty Partners has opened an office in downtown Los Angeles, marking a significant expansion of the firm’s presence across Southern California. The expansion is further strengthened by the addition of a... Read more »
Ellis Partners and Boston-based investment manager The Baupost Group have finalized the purchase of Great America Commons, a pair of Class-A office and R&D buildings totaling approximately 635,000 square feet and located at 4555-4655... Read more »
The non-performing note on ex-boxer Oscar De La Hoya’s Downtown Los Angeles office tower sold. The buyer is Farzad Essapour, according to an assignment of deed of trust dated early May. The... Read more »
REALM, in partnership with Delshah Capital and A.M. Properties, has acquired CitySpire, a 377,000-square-foot office condominium comprising 24 floors within the 70-story tower at 156 W 56th St. in Midtown Manhattan. Purchased at an 8.5% cap rate,... Read more »