Newport Beach-based mall landlord TRC Retail has closed a $66 million acquisition in upscale La Cañada Flintridge, The Real Deal has learned. TRC bought the La Cañada Town Center, a 115,000-square-foot mall... Read more »
A state-level program in Connecticut that pays caregivers living with loved ones who require special attention, and is designed to facilitate aging in place, is seeing a surge in demand across the... Read more »
A limited liability company tied to Joseph Daneshgar has bought an 18-unit luxury apartment complex in Westwood for $28 million — or $1.6 million per unit. Brea JD, based in Beverly Hills,... Read more »
Rexford Industrial Realty said it had acquired 5000 & 5010 Azusa Canyon Rd., Irwindale, located in the LA San Gabriel Valley submarket, through an off-market transaction for $84 million or $359 per square foot. The seller was not disclosed. The... Read more »
Nearly a year after defaulting on more than $100 million in loans tied to an office complex in Santa Monica, Realty Bancorp Equities has managed to sell the property — to an... Read more »
The University of California, Los Angeles, is buying Hudson Pacific’s One Westside and Westside Two office development for $700 million, ending Google’s plans to occupy most of the 700,000-square-foot campus. UCLA plans... Read more »
There’s a lot of confusion about paying property tax and getting home ownership in California. Most people think if someone else pays their property taxes, they’ll get the homeownership legally, which is... Read more »
NewMark Merrill Companies has bought a retail strip in Thousand Oaks — formerly home to a Sears department store. The Calabasas company bought the 172,800-square-foot center at 145 West Hillcrest Drive from... Read more »