Pasadena Reviews Mixed-Use Lake Avenue Proposal

Pasadena Reviews Mixed-Use Lake Avenue Proposal

The area surrounding the Metro A Line’s Lake station in Pasadena could look different if the city signs off on a proposal from 4D Development.  The Pasadena Design Commission is set to... Read more »
Wedbush joins downtown L.A. exodus, opting for smaller Pasadena digs

Wedbush joins downtown L.A. exodus, opting for smaller Pasadena digs

One of downtown Los Angeles’ familiar tenants is pulling up stakes as the office rental market continues to contract from shrinking occupancy stoked by the pandemic. Financial services firm Wedbush Securities has... Read more »
Pasadena School District Dives Into Redevelopment Business

Pasadena School District Dives Into Redevelopment Business

A school district in the San Gabriel Valley plans to develop its own workforce housing with an education-to-residential conversion of a shuttered school. Members of the Pasadena Unified School District Board of... Read more »
Pasadena Apartments Sell at 4.38% Cap Rate

Pasadena Apartments Sell at 4.38% Cap Rate

Marcus & Millichap closed the sale of 1471 Fair Oaks Ave., an 18-unit apartment property in Pasadena. The asset changed hands for $4 million, or $222,222 per unit, at a cap rate... Read more »
RAFA LA Development Plans for 32 Apartments in Pasadena

RAFA LA Development Plans for 32 Apartments in Pasadena

RAFA LA Development wants to build a 32-unit apartment building in Pasadena. The locally based developer led by Ramzi Mazloum has filed plans to build a three-story complex at 810 North Marengo... Read more »
Coretrust Capital’s Pasadena Office Campus Goes to Auction

Coretrust Capital’s Pasadena Office Campus Goes to Auction

Coretrust Capital Partners, having defaulted on a $271 million loan tied to its 640,000-square-foot office campus in Pasadena, will now see it go to auction. The office investment firm based in Downtown... Read more »
Pasadena Housing Market: Prices,Trends, Forecast 2023

Pasadena Housing Market: Prices,Trends, Forecast 2023

Pasadena, California, with its stunning architecture, vibrant culture, and proximity to the bustling city of Los Angeles, has long been a desirable place to call home. In this blog post, we’ll delve... Read more »