Lionheart Strategic Management LLC, an affiliate of Fisher Brothers, closed on a $50-million senior loan for Modelo, a 13.8-acre master-planned mixed-use site located in City of Commerce in Los Angeles County. The project... Read more »
A buyer has emerged for the notorious graffiti-bedecked towers in downtown Los Angeles: a Riverside County developer who intends to finish the stalled $1.2-billion project. The proposed buyer of the residential, hotel... Read more »
CIM Group has completed The Read, a 75-unit, six-story apartment building with 9,000 square feet of ground-floor retail located at 5217 W. Adams Blvd. in Los Angeles. The completion comes just three... Read more »
Uncommon Developers is tweaking its plans for an apartment building in Hollywood. The Chatsworth-based development firm has beefed up its proposal for apartments at 7441 Sunset Boulevard, Urbanize Los Angeles reported. A... Read more »
A proposed mega-development in downtown Los Angeles, which would replace a cold storage facility with a $2-billion residential and commercial complex, cleared a major hurdle last week when the city Planning Commission... Read more »
The owners of Crypto.com Arena and L.A. Live in downtown Los Angeles have filed plans with the city to potentially add another tower to their multibillion-dollar sports and entertainment complex. AEG last... Read more »
Eldridge Real Estate Credit, the real estate investing strategy of Eldridge Capital Management, and controlled affiliates of Starwood Capital have made a £193.5-million (approximately US$261 million) loan to Ballymore Group and Penta... Read more »
JLL Capital Markets secured an acquisition and repositioning loan for Grand Prix Auto Club, a garage condo redevelopment project in San Diego. Located at 8108 Mercury Ct. in San Diego, Grand Prix Auto Club will transform an... Read more »
A Los Angeles County housing project is moving closer to groundbreaking after its developer landed an eight-figure construction loan. Azusa-based developer The Connected Companies secured $26 million in construction financing for Prospect... Read more »
Development of the massive One Beverly Hills residential and hotel complex reached a milestone over the weekend as construction started going vertical. The work to erect the two tallest towers in Beverly... Read more »