Kennedy Wilson’s debt platform provided a $95-million senior construction loan to a joint venture between Greystar Real Estate Partners and The Resmark Cos. The funds will go toward development of a multifamily... Read more »
In the hierarchy of commercial real estate, office space has long been king. Developers and landlords lived by the conventional wisdom that there was no better use for your square footage than... Read more »
Neil Shekhter has lost three more apartment properties, this time to foreclosure. Bank of Southern California foreclosed on 1007 Lincoln Boulevard, 1038 10th Street and 1516 Stanford Street, according to a trustee’s... Read more »
The Prado apartment complex in Santa Clara has sold for $125 million, reported the Mercury News. Alliance Residential acquired the 251-unit property from San Ramon-based Summerhill Homes Apartment Communities, which developed the... Read more »
The owners of New American Funding bought a 208,300-square-foot office tower in Santa Ana for $31 million — or $23 million less than what it traded for five years ago. An unidentified... Read more »
The City Council of Santa Monica voted to approve a series of renter protections on Feb. 13, including rules against dramatic rent increases, unjust evictions and harassment as well as financial assistance... Read more »
Legado Companies has secured a $128 million loan to build a 270-unit apartment complex in Santa Ana. The Beverly Hills developer led by Edward Czuker received the loan to build the six-story... Read more »
Santa Monica, subject of more than a dozen builder’s remedy housing applications, has won recognition as a “prohousing” city by the state. Gov. Gavin Newsom announced the beach city earned the designation... Read more »
The Santa Barbara housing market, nestled in the picturesque landscape of California, is both a destination and a dynamic economic hub. The current data suggests a seller’s market, given the surge in... Read more »
BXP said Tuesday that it has signed a 10-year, approximately 467,000-square-foot, multi-building lease extension with Snap Inc. at Santa Monica Business Park. Published reports last month cited anonymous sources who said the tech... Read more »