LPC Refis West LA’s Wateridge Campus for M

LPC Refis West LA’s Wateridge Campus for $65M

 JLL Capital Markets arranged $65 million in refinancing for Wateridge, a six-building office and retail campus totaling 583,580 square feet at 5100-5150 W. Goldleaf Cir. in West Los Angeles. The JLL team led by managing directors... Read more »
AECOM, Combined Face Debt Crisis at Pendry West Hollywood

AECOM, Combined Face Debt Crisis at Pendry West Hollywood

When AECOM Capital and Combined Properties opened the Pendry West Hollywood — a 149-key hotel with an attached condo project — the project was appraised at nearly $526 million. That was in... Read more »
LPC Refis West LA’s Wateridge Campus for M

Greystar Trades Core Multifamily in Undersupplied West LA-Culver City

Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Cobalt Apartments, a 135-unit multifamily property with 14,754 square feet of ground-floor retail in the West Los Angeles-Culver City area of... Read more »
LPC Refis West LA’s Wateridge Campus for M

$25M Permanent Loan Retires West LA Construction Debt

Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles. Located at 1947 Sawtelle Blvd. in West LA’s Japantown neighborhood, the four-story,... Read more »
Bolour Secures OK for Apartment Complex in West LA

Bolour Secures OK for Apartment Complex in West LA

Bolour Associates has secured permission to build a 30-unit apartment complex in West Los Angeles. The Beverly Hills-based developer was approved to build the five-story complex at 2424 Veteran Avenue, in Rancho... Read more »
LPC Refis West LA’s Wateridge Campus for M

Bolour Secures Entitlements for West LA Apartments

Privately-owned real estate investment, development and finance company Bolour Associates Inc. has secured the entitlements to build a new five-story, for-rent residential apartment building in West Los Angeles. The building will sit at 2424 S.... Read more »
LPC Refis West LA’s Wateridge Campus for M

Marquette Finishes Adaptive Reuse of West Loop Hospital into Apartments

Marquette Companies has completed The Thompson at Fulton Market, a 210-unit mixed-use apartment building at 150 N. Ashland Avenue, on the former Mary Thompson Hospital site in Chicago’s Fulton Market neighborhood. Named... Read more »
LPC Refis West LA’s Wateridge Campus for M

West Harbor Completes Deal for City of Industry Distribution Property

West Harbor Capital, a real estate investment firm focused exclusively on infill industrial properties, closed the $16.5-million acquisition of a 69,498-square-foot multi-tenant distribution facility located at 14313-14351 E Bonelli St. in the City of... Read more »
NRMLA returns to West Coast for 2024 annual reverse mortgage meeting

NRMLA returns to West Coast for 2024 annual reverse mortgage meeting

The National Reverse Mortgage Lenders Association (NRMLA) announced that it will return to the Western U.S. for its 2024 annual meeting, which will take place slightly earlier in the year than usual,... Read more »
CalSTRS scores M Refinance on West LA Office Building

CalSTRS scores $70M Refinance on West LA Office Building

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 »