Developer Nixes Office for Housing in Delayed Santa Ana Tower

Developer Nixes Office for Housing in Delayed Santa Ana Tower

Developer Mike Harrah of Caribou Industries is pivoting to residential for his One Broadway Plaza project in downtown Santa Ana.  Harrah wants to change course on the delayed 37-story mixed-use development in... Read more »
Global Holdings Secures 0M Refi on NoMad Tower

Global Holdings Secures $450M Refi on NoMad Tower

Global Holdings said Wednesday it has secured a $450-million refinancing for 1250 Broadway, branded as Nomad Tower, its 39-story, LEED Platinum-certified office tower located in NoMad. Wells Fargo originated the three-year, fixed-rate loan, which... Read more »
Four New Tenants Bring SL Green Tower to 91% Leased

Four New Tenants Bring SL Green Tower to 91% Leased

SL Green Realty Corp. announced four new office leases covering 109,859 square feet at 1185 Ave. of the Americas, bringing the tower to 91% leased. The landlord was represented on each transaction by Brian... Read more »
M Loan Funds Bushburg Plan for Resi Conversion of FiDi Office Tower

$78M Loan Funds Bushburg Plan for Resi Conversion of FiDi Office Tower

Real estate bridge lender Oak Funding, along with OakNorth Bank, has closed a $78-million co-loan to Bushburg, a vertically integrated real estate firm, to support its acquisition of 100 William St., a... Read more »
Madison Realty Unloads Beverly Grove Apartment Tower

Madison Realty Unloads Beverly Grove Apartment Tower

Madison Realty Capital has unloaded an apartment tower west of Miracle Mile.  The New York-based firm sold the 112-unit Ayan on Wilshire building at 6401 Wilshire Boulevard to an undisclosed buyer, L.A.... Read more »
601W Buying Distressed Brookfield Office Tower

601W Buying Distressed Brookfield Office Tower

Eastdil Secured has zeroed in on 601W as a buyer for a distressed, Brookfield-owned office tower on Bunker Hill in downtown Los Angeles. The New York City-based investment company is in talks... Read more »
Global Holdings Tops Out on First Anagram Tower Outside Manhattan

Global Holdings Tops Out on First Anagram Tower Outside Manhattan

Global Holdings, in partnership with MacArthur Holdings and Tankhouse, marked the topping out of the luxury mixed-use residential tower Anagram Gowanus. Located at 450 Union St. in the Gowanus neighborhood of Brooklyn, this is... Read more »
Downtown Los Angeles Apartment Tower Trades Hands

Downtown Los Angeles Apartment Tower Trades Hands

An entity connected to MetLife sold an apartment tower in Downtown Los Angeles for $68.8 million, according to property records dated late December. The buyer is a company owned by APW Avenue... Read more »
UCLA is building a 19-story tower for students near the Westwood campus

UCLA is building a 19-story tower for students near the Westwood campus

UCLA, which has been on a campaign to vastly expand student housing around its Westwood campus, is planning a new 19-story tower that 1,150 students can call home. Housing has long been... Read more »
LA County Pays 0M for the Gas Company Tower

LA County Pays $200M for the Gas Company Tower

 JLL Capital Markets completed the $200-million sale of The Gas Company Tower, a 1.3-million-square-foot office tower at 555 W. Fifth St. in Downtown Los Angeles. Los Angeles County emerged as the buyer for... Read more »