JLL Capital Markets secured a $296-million financing for a 13-property, 1,880-unit multifamily portfolio across New Jersey. Senior managing directors Michael Klein and Thomas E. Didio, Jr., associate Michael Mataras and senior analyst Joseph Gruber represented the borrower to... Read more »
Quick Read Fair Isaac added Cotality and Ascend Companies to its FICO Mortgage Direct License Program, allowing resellers to generate FICO scores without paying credit bureau fees for scoring. The program aims... Read more »
JLL Capital Markets arranged the $12.5-million senior financing of Culver Theater, a 41,341-square-foot movie theater in Culver City. A team led by director Alex Olson, associate Joshua Blank and Analyst Sarah Kim represented... Read more »
Wall Street investors and analysts forecast that mortgage credit-score costs will rise in 2025 as lower interest rates may drive an increase in home loan applications. Fair Isaac Corp. (FICO), the company... Read more »
A Southern California developer must halt construction of a controversial industrial park in San Bernardino County that has displaced scores of homes, after a judge found flaws in the project’s environmental impact... Read more »
Trammell Crow Residential has scored a $200 million financing package to build a 600-unit complex in Long Beach. Kennedy Wilson provided a $166 million construction loan for the project, located at 600... Read more »
Pacific Equity Partners has scored a $135 million loan to refinance Cross Creek Ranch, a large Malibu retail and office development slated to open this year. Torchlight Investors provided the five-year loan,... Read more »
Panku, a real estate development firm run by Alex Wang, has refinanced an apartment complex in Irvine — the first project the company completed. Western & Southern Life Assurance provided a five-year,... Read more »
Not all office buildings have trouble finding new money. The California State Teachers’ Retirement System has scored a $70 million loan to refinance its 337,400-square-foot office building at 11755 Wilshire Boulevard, according... Read more »
Los Angeles Rams quarterback Matt Stafford has bought a 15,000-square-foot hilltop mansion in Hidden Hills for $28 million, a local record. The NFL Super Bowl winner and his wife, Kelly, purchased the... Read more »