Prime Residential just plunked down more than $50 million for an apartment complex near Los Angeles’ Museum Row. The San Francisco-based multifamily owner and operator acquired the 134-unit Palm Court Apartments at... 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 »
The Massachusetts House of Representatives has voted to approve a bill that would allow churches, synagogues and other religious institutions to build housing on their property. Known as Yes in God’s Back... Read more »
The same week President Trump declined to sign a bipartisan housing bill passed by Congress, a home in his Trump National community in Rancho Palos Verdes fetched the biggest sale of the... Read more »
A cliff-top estate in Malibu built by the late developer Ken Harges and featured in television’s “The O.C.” and film’s “Austin Powers” has hit the market for $90 million. The Harges family... Read more »
Linc Housing wants to tear down its Long Beach headquarters to build more than 100 affordable apartments. The nonprofit affordable housing developer filed plans to raze its office hub and replace it... Read more »
Los Angeles housing officials debunked claims by outgoing City Attorney Hydee Feldstein Soto that a nonprofit legal aid provider fell short of reporting requirements under a taxpayer-funded contract aimed at preventing evictions.... Read more »
An elusive mansion in Laguna Beach’s coveted Emerald Bay sold for $110 million, setting an all-time price record for Orange County, The Real Deal has learned. The 2021 sale of an 18,000-square-foot... Read more »
A joint venture between PCCP and Alliance Residential Company completed the $65.3-million acquisition of The Hawthorne, a 184-unit multifamily community located at 9170 Indiana Ave. in Riverside. The seller was not disclosed. Delivered... Read more »
Cushman & Wakefield arranged $74.1 million in financing on behalf of the Silicon Valley Initiative Partnership for the conversion of the historic Bank of Italy building at 12 S. 1st St. in downtown San Jose. Deutsche Bank provided the financing. The... Read more »