Los Angeles

Rising vacancy, decreasing rents and significant concessions have all been characteristics of the post-pandemic office sector in Los Angeles.

The opening of the lifestyle brand's downtown Los Angeles location will be followed by citizenM San Francisco Union Square, which is slated to open in October.

The economics of how to run a restaurant is fundamentally different, and it could mean changes to standard leases.

The firm has completed $779 million in industrial transaction so far this year.

The three-building office portfolio totals 224,000 square feet and is located in Pasadena's Central Business District.

The two-property portfolio is located in Hermosa Beach and totals 454 units.

The joint venture will develop middle-income housing in California over the next 18 to 24 months.

In July and August, the firm purchased three properties totaling $115 million purchased with cash-on-hand.