Los Angeles

The pandemic sent commercial real estate portfolios into disarray, but the recovery has REITs expanding their investment strategy.

The industrial investor has acquired five industrial properties in Southern California, bringing its total investment activity for the year to $420 million.

A new forecast from Marcus & Millichap expects industrial vacancy to drop 40 basis points as rents increase 4.8% this year.

SteelWave purchased the two-building office campus in the Arts District from CEG Construction.

SB 6 is one of several new bills the State of California is proposing to drive housing development.

The developer celebrated the topping off of 2130 Violet Street, a nine-story, 113,00-square-foot office building in the Arts District.

San Francisco, Oakland, Los Angeles and San Jose all rank in the top US cities with the biggest decrease in apartment rents year-over-year.

The joint venture will provide $1 million to $10 million bridge, renovation and construction loans for multifamily and homebuilding developments.