As the office market bottoms out after a long fall, renters are swooping in to buy their own buildings. Occupant businesses are seizing the opportunity to become owners, especially in downtown Los... Read more »
Cerberus Capital Management’s Wedbush Center in downtown Los Angeles faces foreclosure after a debt default. The alternative investment outfit owes about $135 million on its office tower on Wilshire Boulevard, according to... Read more »
Sonnenblick-Eichner Company has arranged an $80-million first mortgage loan secured by Del Rey Campus, a 162,031-square-foot creative office campus located in Marina del Rey. The five-year, fixed-rate, interest-only financing funded by Goldman... Read more »
As the third quarter comes to a close, a social services organization has notched the largest office lease of the year so far in Los Angeles County. The North Los Angeles County... Read more »
Newmark negotiated a 166,867-square-foot, long-term headquarters lease renewal and expansion on behalf of North Los Angeles County Regional Center (NLACRC) at Wset Valley Corporate Center, 9200 Oakdale Ave. in Chatsworth. The transaction... Read more »
We had news from across the geographic spectrum of the Los Angeles office world, with significant deals ranging from downtown to its outskirts and all the way west to Malibu. And it... Read more »
Rising Realty Partners defaulted on a $200 million loan on the West7Center, or what was once called the Garland Center, according to a notice of default and election to sell dated early... Read more »
An office campus perched on a coastal bluff in Malibu has traded hands for $12.5 million, records reveal. The buyer is connected to Weintraub Real Estate Group, and the seller is affiliated... Read more »
Donald Bren’s Irvine Company sold an office building located in downtown Pasadena to East West Bank for about $98 million, records reveal. That’s a steep decline from its $144 million purchase price... Read more »
TV and film’s Kevin Williamson just pocketed $17.1 million in the sale of his Beverly Hills Post Office estate. The creator of the “Scream” slasher franchise and teen hit drama series “Dawson’s... Read more »