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—Driven to the market by the rise in multifamily development, Marshalls and PetCo lease a 39,000-square-foot building while YogaWorks signs on for 3,000 square feet at the Gershwin Apartments.
CULVER CITY, CA—The recent sale of Keswick Court Apartments illustrates the rising rent growth and property values in the Culver City market, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.
TORRANCE, CA—The Japanese air carrier completes a lease transaction with Bixby Land Co. for a 25,000-square-foot space at the newly renovated office building.
ALHAMBRA, CA—Eastern Los Angeles Regional Center and Platt College renew leases with the Ratkovich Co. for over 132,000 square feet of space at the Alhambra, a 45-acre mixed-use property.
LOS ANGELES—A real estate investment group secures five permanent financing loans totaling $22 million for retail properties downtown at rates as low as 4%.
LOS ANGELES—Grow Market signs a 5,300-square-foot lease at the mixed-use project under development in the arts district downtown, with an opening date expected in the fall 2014.
LONG BEACH, CA—According to a Q1 2014 report, HCP continues to underperform with slow investment activity, but the joint venture with Brookdale raises per-share expectations to $40.HCP JV Has Positive Outlook.
LOS ANGELES—The Palihouse West Hollywood hotel secures $15 million in first mortgage financing to recoup after updating guest rooms, the lobby and common areas.