GPI Snaps Up NoHo Apartments Near Major Studios

GPI Snaps Up NoHo Apartments Near Major Studios

Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of The Lofts at Noho Commons, a 292-unit multifamily property in the NoHo Arts District of Los Angeles. The sale price was $92.5 million, or $316,781 per unit. “The... Read more »
4S Bay Doubles Size of Black-Led Film Studios in South LA

4S Bay Doubles Size of Black-Led Film Studios in South LA

A Windy City developer wants to build five movie soundstages in South Los Angeles, doubling its plans for development while doubling down on a flagging industry. An affiliate of 4S Bay Partners,... Read more »
Amazon to Lay Off “Hundreds of Employees” at LA Studios

Amazon to Lay Off “Hundreds of Employees” at LA Studios

Amazon.com is cutting more jobs at its streaming service and studio divisions in Los Angeles, putting its real estate footprint up in the air. The Seattle-based e-commerce and production company will cut... Read more »