CIP Real Estate has acquired a multi-use business center in the supply-constrained San Gabriel Valley submarket for $60.65 million. The Walnut Tech Business Center at the intersection of Valley Boulevard and Lemon... Read more »
Los Angeles-based Decron Properties has made its first acquisition in nearly two years, paying $114 million for an apartment complex along LA’s Miracle Mile. Decron bought 5550 Wilshire Blvd., a 163-unit complex,... Read more »
Adler Real Estate Partners acquired four industrial assets in Arrowridge Business Park for $41.4 million. BankUnited provided a $25.6 million loan for the acquisition. Adler acquired 8041, 8107, 8227 and 8301 Arrowridge... Read more »
Marcus & Millichap closed the sale of Palm Court Apartments, a 132-unit multifamily property in the Miracle Mile neighborhood of Los Angeles. The asset traded for $51.25 million, or $388,258 per unit. “We created a... Read more »
Short-term rental giant Airbnb has shelled out a whopping $81.5 million for an infamous New York City building that gained widespread attention when scammer Anna Delvey tried to lease it as the... Read more »
BKM Capital Partners added another deal to its trail of recent industrial acquisitions, dropping $95 million on an 11-building campus. The Newport Beach-based investor purchased the Carson Industrial Center at 1000-1124 East... Read more »
BKM Capital Partners has acquired Carson Industrial Center in Carson for $95 million. The 429,000-square-foot multi-tenant campus sits on more than 20 acres in Los Angeles’ South Bay submarket and was purchased on... Read more »
For decades, downsizing was both a practical and financial rite of passage for retirees and empty nesters. Sell the big family home, buy something smaller, pocket the difference, and simplify the next... Read more »
Apple has paid $162.2 million for a Sunnyvale office building after signing a sublease for the property last year, the Silicon Valley Business Journal reported. The property at 684 W. Maude Ave. in... Read more »
Strada Investment Group closed on a deal to purchase wireless networking company Samsara’s headquarters in San Francisco’s Showplace Square. The San Francisco Business Times reported that the $103-million acquisition, which equates to... Read more »