Los Angeles

Shopoff Realty Investments and Artemis Real Estate Partners have obtained the construction loan for a logistics/warehouse development in Southern California.

The sellers, Rising Realty Partners and Fortress Investment Group recently implemented an extensive $12 million capital renovation at the 222,524-square-foot campus.

Like affordable housing, the attainable housing market is also suffering from a supply shortage, and Waterford is executing a business plan to boost supply.

Social distancing, frictionless experiences and outdoor spaces will continue to be the trend for physical retailers this year.

The firm has purchased a fully-leased, last-mile distribution facility in the San Fernando Valley as its first industrial acquisition in the county.

The company hit the major milestone only five months after achieving $500 million in leases insured.

The firm has been granted the California Coastal Commission development permit for the $330 million harbor revitalization.

Harbor Associates and Singerman Real Estate acquired the 297,277-square-foot property in Aliso Viejo, CA.