Robinson Pharma is continuing its Orange County growth spurt with another building acquisition. The pharmaceutical company, one of the country’s largest manufacturers of dietary supplements and other nutraceutical products, completed its purchase... Read more »
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of La Vista Apartments, a 460-unit multifamily asset in Santa Maria, for $116 million or $252,174 per unit. According to... Read more »
Despite initial concerns that tariffs would push mortgage rates up to 8% and reduce housing demand, this week has brought some encouraging news. The 10-year yield has remained stable at a crucial... Read more »
Faris Lee Investments closed the sale of Parcels 2 & 3 at Plaza Empresa in Rancho Santa Margarita for $19 million, or $485 per square foot. Senior managing director Scott DeYoung, managing... Read more »
Gortikov Capital said Monday it had acquired Samo Collection, an 11-building portfolio of 399 income- and rent- restricted affordable housing in Santa Monica for $120 million. The seller was not disclosed. The new... Read more »
The heir to a 400-acre pair of movie ranches in Santa Clarita that served as an Old West backdrop to films from “Ride ’Em Cowboy” to “Oppenheimer” has listed them for $35... Read more »
Drawbridge Realty has acquired 2220 Colorado Ave., a 225,773-square-foot headquarters building in Santa Monica’s Silicon Beach neighborhood, for a reported $185 million. The building is 100% triple-net leased to Universal Music Group... Read more »
Holland Partner Group has pivoted from a stalled plan to build an office building in Santa Monica to 370 apartments. The Washington State-based developer led by Clyde Holland has filed plans to... Read more »
Pam O’Connor, the former mayor of Santa Monica, filed a proposal with the city on March 28 seeking to exclude multifamily properties from Measure GS, or the so-called mansion tax, according to... Read more »
Greystar Real Estate Partners and the Resmark Companies have scored a $95 million loan to build more than 250 apartments and more than 60 townhomes in Santa Clarita. The South Carolina-based developer... Read more »