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—The first hotel of its kind to feature both Courtyard by Marriott and Residence Inn L.A. Live rooms on the same floor opens today after two years of development.
WESTLAKE VILLAGE, CA—Face First signs a five-year lease for one of the last remaining units at the Lindero Canyon Creative Campus, which has gone from 36% occupancy to near full occupancy in two years.
THOUSAND OAKS, CA—Legacy Partners purchased the four-building, 275,329-square-foot office campus for approximately $50 million, according to industry sources unrelated to the deal, GlobeSt.com reports in this <b>EXCLUSIVE</b> story.
LOS ANGELES—Africa-Israel USA sells the 2.27-acre site located at the corner of Fifth and Olive Streets to MacFarlane Partners with plans to build a mid- to high-rise mixed-use complex, GlobeSt.com reports in this <b>UPDATE<b> to a previous story.
LOS ANGELES—The global chairman of research and former global chief economist at CBRE will retire from the company on July 31 of this year, and tells GlobeSt.com that he plans to teach a course at Harvard University.
LOS ANGELES—The partnership launches a new investment platform and acquires a 1,500 unit multifamily portfolio from Berkshire Property Advisors for $229 million.
LOS ANGELES—Rexford Industrial acquires the 110,890-square-foot, 5.7-acre industrial facility for $10.2 million, making it the company's 10th acquisition this year.
LOS ANGELES—The private capital fund targeting Latin American foreign investors closes and acquires its first property, a 121,143-square-foot office property, GlobeSt.com reports <b>EXCLUSIVELY</b>.