Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.
LOS ANGELES—Raintree Partners acquires the massive multifamily portfolio with plans to invest and additional $8 million to upgrade and renovate the properties, GlobeSt.com reports <b>EXCLUSIVELY</b>.
LOS ANGELES—About the 7th inning, according to Paul Rutter of Gilchrist & Rutter PC, who sat down with us for an <b>EXCLUSIVE</b> interview to discuss the economy and forecast the year ahead.
LOS ANGELES—The tech giant signs a long-term 130,000-square-foot lease at the Collective Campus in Playa Vista, a move that will bring 400 Yahoo employees to town.
LA VERNE, CA—A joint venture between Zaruka Investment Properties and Wedgewood Banquets buys the Sierra La Verne Country Club with plans to convert it into a wedding and special event space.
PASADENA, CA—Another Millionaire Row apartment complex sells in Pasadena, and according to brokers, the combination of record low cap rates and interest rates are to blame.
LOS ANGELES—The public investor prices a public offering of 11 million shares of common stock at $31.75 per share, which will generate approximately $335.3 million in net proceeds.
LOS ANGELES—Gregory Motschenbacher joins the firm at director of project development from the Brickman Group, where he was responsible for operations in the Western US, GlobeSt.com reports <b>EXCLUSIVELY</b>.
PASADENA, CA—M West Holdings buys a 64-unit multifamily property in the former “Millionaires Row” area of Pasadena with plans to upgrade the interior units and benefit from the high demand for luxury properties.