NEWPORT BEACH, CA-Investment banker plans to use new fund to invest in JV equity and mezzanine investments. Separately, it announces loans on several West Coast properties.
LOS ANGELES-Experts say Southern California's multifamily market should get even stronger next year, despite solid gains in construction and a widely anticipated economic slowdown.
LOS ANGELES-December is barely half over, but investors announced the closing of more than $250 million of purchases in and around the sprawling San Fernando Valley. However, brokers say double-digit rents are coming to an end.
LOS ANGELES--Lowe Enterprises represents East Coast retirement fund in $50-million office purchase in El Segundo. The pair will build an additional 90,000 sf on an adjacent parcel.
LOS ANGELES-Investment Development Services figures its spec building on county's northern rim will prosper as vacancies in San Fernando Valley keep dropping.
LOS ANGELES-New partnership gets one-million-sf Wilshire Courtyard in LA, South Coast Metro Center in Orange County and China Basin Landing in San Francisco.