Ellis Partners and Boston-based investment manager The Baupost Group have finalized the purchase of Great America Commons, a pair of Class-A office and R&D buildings totaling approximately 635,000 square feet and located at 4555-4655... Read more »
Ground lease REIT Safehold Inc. has closed on ground leases for the development of two affordable housing communities, Banana Belt Apartments at 917-923 Water St. in Santa Cruz and Creekside Commons at... Read more »
Two mixed-use apartment projects in Santa Monica can now move forward thanks to a fresh injection of funding for developer Cypress Equity Investments. Los Angeles-based Cypress secured a $170 million construction loan... Read more »
WareSpace is doubling down on industrial space in Southern California amid a wider market squeeze. The Maryland-based developer acquired an 82,000-square-foot industrial property at 13711 Freeway Drive in Santa Fe Springs for... Read more »
Redcar Properties handed back the keys to creative offices located in Santa Monica to its lender, Bank OZK, according to a deed in lieu of foreclosure dated late March. The unpaid debt... Read more »
An empty residential lot in Santa Monica is poised for redevelopment into nine townhomes. An application filed with the City of Santa Monica calls for the construction of these townhomes at 1949... Read more »
Tishman Speyer’s plans for two development sites in downtown Santa Monica have undergone a makeover. The New York City-based firm has revealed revised proposals for property at 1323 and 1338 Fifth Street... Read more »
MBK Rental Living said leasing has begun at Las Brisas, a 340-unit luxury community in Santa Maria. The Santa Barbara County property is now open for move-ins. “Las Brisas was designed with... Read more »