LOS ANGELES-Kayne Anderson Real Estate Advisors buys the 161-unit, 392-bed West 27th Place student housing complex at USC, and Acacia Realty Corp. acquires the 77-unit Legacy at Westglen in Glendale.
LOS ANGELES-Lowe Economic Development Co., an affiliate of Los Angeles-based Lowe Enterprises, places the $31 million in New Markets Tax Credits to three development.
DENVER-Los Angeles-based Lowe Enterprises Investors, on behalf of a pension fund client, acquires the property in the Denver Central Business District.
RANCHO SANTA MARGARITA, CA-The New York City-based investment firm acquires three apartment complexes, one here and two others in California, in an off-market transaction.
LOS ANGELES-Mark Baziak becomes director of retail leasing for Greater Los Angeles, with his team working from Colliers’ Downtown L.A. and Orange County offices.
VICTORVILLE, CA-Joseph Brady, a pioneer in the real estate services sector in the High Desert region of Southern California, aligns his firm with TCN Worldwide.
LOS ANGELES-The Washington, DC-based developer is redeveloping 85,000 square feet as District La Brea, an 11-building project at the site of the Continental Graphics building.
ESCONDIDO, CA-The developer’s new Crossings at Escondido project features apartments for work force families in this week’s roundup of commercial real estate news in the West.
LOS ANGELES-After showing that it could hold up even during the worst of the recession, the question for the multifamily sector is how it will fare in a still uncertain economy.