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—In the month of April, job growth accelerated in both private sectors and government, creating a total of 288,000 new jobs, specifically in business services and retail.
PASADENA, CA—Mack Urban's latest mixed-use project is supplying high development demand in the playhouse district, GlobeSt.com reports in this <b>UPDATE</b> to a previous story.
LOS ANGELES—The Dinerstein Co. starts construction on Millennium Woodland Hills, an 827,544-square-foot multifamily development designed by Nadel Architects.
PASADENA, CA—Mill Creek Development Co., Cigna Investment Management and Mack Urban breaks ground on a mixed-use development in the playhouse district.
SANTA MONICA, CA—Berkadia's Proprietary Bridge Lending Program arranges a $17.5-million, two-year floating-rate loan for a 40,000-square-foot property.
LONG BEACH, CA—Urban Pacific acquires a parcel of land downtown from a failed condo project with plans to build a 30-unit, transit-oriented multifamily property.
LOS ANGELES—The REIT's Q1 2014 earnings missed estimates by $0.64 a share driven by high interest expense, according to the first quarter earnings report from RBC Capital Markets.
LOS ANGELES—Sunrise Real Estate Group joint venture acquires the six-story, 75% leased office building in an off-market deal, illustrating the recovering Westside office market.
LOS ANGELES—Family-owned health food mini-chain Lassen's Natural Foods and Vitamins signs a 12,000-square-foot lease at Wilshire La Brea, a new mixed-use property in Miracle Mile.