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LOS ANGELES — Walker & Dunlop has arranged a $33.2 million agency-backed loan for the acquisition of Palm Court Apartments in Los Angeles’ Miracle Mile neighborhood. Bryan Frazier, Blake Hockenbury, Steven Paskover, Sheri Blackburn and Dillon Hoffman of Walker & Dunlop Capital Markets Real Estate Financing secured…

Milhaus and SRG Residential completed a merger and announced plans to acquire Broadshore Capital Partners.

Rexford Industrial announced plans to divest up to $2 billion in assets this year following a $500 million loss.

Palisades Village retail center is reopening following a $100M rebuilding and recovery effort after a fire.

Los Angeles City Council voted down a proposed ballot measure that would have exempted new housing construction from the city's Uplift LA (ULA) tax.

Kennedy Wilson and Jamison are converting the LA World Trade Center into approximately 4,000 affordable housing units.

Anduril, a defense technology company, has placed its 634,000 sq ft headquarters in Costa Mesa on the market.

Developers are integrating artificial surf parks into mixed-use resort, retail, and residential projects across Southern California.

Los Angeles office market shows divergent recovery patterns across sectors, with creative industries stalling recovery while finance and law sectors drive growth in Westside and Century City submarkets.

Kilroy Realty's Oyster Point development in Southern California has achieved 50% lease occupancy in its second phase amid softer demand for life sciences space.

Lineage was fined for rotting food discovered at a burned cold storage warehouse in Los Angeles and has announced plans to rebuild the facility.

Defense and aerospace spending is driving demand in Los Angeles' South Bay industrial market.

Analysis of Southern California's medical office market evolution and its emergence as a primary investment category for real estate investors.

NAI reports growing retail investment activity in Southern California amid a contracting development pipeline, with details on mixed-use and commercial transactions across the region.

Black Equities acquired a multifamily property in Culver City, Los Angeles for $106 million, setting a local record.

The Tollway North Office Park in Plano was picked up by one California-based firm and sold by another. Los Angeles-based BH Properties purchased the seven-building campus within Legacy Business Park from Oceanside, California-based KBS. The buildings are just down the road from the new AT&T campus, and were sold…
The smells still coming from the husk of the Lineage Cold Storage warehouse, which caught fire in the Boyle Heights neighborhood of Los Angeles on June 17, defy common description. Nearly 4,000 odor complaints have been lodged with the South Coast Air Quality Management District (SCAQMD), with various descriptions…
Global investment management firm Capital Group is taking space for an additional office in New York City. Capital Group, which is based in Los Angeles and oversees $3.6 trillion in assets, signed a 10-year lease for the entire 70,400-square-foot fourth floor of Rudin’s 345 Park Avenue in Midtown, according to the…

Cox, Castle & Nicholson LLP served as counsel to Shores LLC in the sale of Shores, a 544-unit multifamily community in Marina del Rey, for $170 million to Jackson Square Properties affiliates. The transaction is one of the largest commercial real estate transactions in Los Angeles County year to date, according to…

The project will bring affordable apartments to Tustin by mid-2029.
An international advertising agency is more than doubling its office footprint with a new headquarters lease in El Segundo, Calif. Innocean USA signed the 101,000-square-foot deal at Hackman Capital Partners’ creative office campus in the small enclave just south of Los Angeles International Airport. The agency…

SUMNER, WASH. — Mesa West Capital has provided Timberlane Partners with a $52 million short-term, first-mortgage loan to refinance Sumner Mill Apartments in Sumner, approximately 30 miles south of Seattle. Joshua Westerberg led the Mesa West Capital team that originated the loan. Jake Roberts of BWE’s Los Angeles…

Pacific Retail Capital Partners, the owner of Lombard’s Yorktown Center, is suing The Fresh Market for upwards of $15 million for bailing on plans to open a new store at the suburban Chicago mall. In the lawsuit filed Monday in DuPage County Circuit Court, Pacific Retail, the Los Angeles-based Yorktown Center…

MONTEREY PARK, CALIF. — The Olson Co. has acquired a 7.9-acre office campus in Monterey Park, located east of downtown Los Angeles, for $24.8 million. The buyer plans to redevelop the two-building, 120,191-square-foot property into a residential community. Originally built in 1980, the campus was previously owned…

BAKERSFIELD, CALIF. — San Diego-based Torrey Financial Group has sold a renovated, single-tenant retail property in Bakersfield. A Los Angeles-based investor acquired the asset for $2.6 million. The 8,302-square-foot building was originally constructed in 2013 and was fully renovated in 2025. AutoZone occupies the…

Colliers completed the $8,500,000 sale of a multifamily complex located at 1775 Beloit Av. in West Los Angeles. Vice chair Kitty Wallace represented both the buyer, UCLA Housing Group, and the seller, Enterprise Bank. The sale was completed through a court-appointed receivership process. UCLA Housing Group plans to…

LA MESA, CALIF. — Marcus & Millichap has arranged the $12.5 million sale of Guava Gardens, an affordable seniors housing community in La Mesa, located in San Diego County. Los Angeles-based Positive Investments was the buyer. Built in 1986, the property totals 81 units, with 40 studio apartments and 41 one-bedroom…
The University of California is extending its streak of commercial real estate investment after acquiring a 16-property portfolio immediately south of UCLA in Los Angeles. The Regents of the University of California, which governs the state’s university system, put down $49.8 million for the properties in Westwood…

All the week's top deals in Southern California.

HACIENDA HEIGHTS, CALIF. — Marcus & Millichap has brokered the $13 million sale of Hacienda Village, a retail center located at 2029 S. Hacienda Blvd. in Hacienda Heights, part of Southern California’s San Gabriel Valley. A Los Angeles-based private investor acquired the property for $549.80 per square foot. Ron…

With the sale of the unfinished Oceanwide Plaza site in Los Angeles recently approved by a bankruptcy court, another project left in limbo by China-based Oceanwide Holdings’ collapse is gaining renewed momentum. The San Francisco Recovery Fund has hired BXP as a development advisor on plans to build a 910-foot…

Pacific Retail Capital Partners defaulted on a $107.4 million loan backed by the Yorktown Center mall in Lombard, sending the suburban Chicago mall toward a deed-in-lieu of foreclosure. Los Angeles-based Pacific’s floating-rate commercial mortgage-backed securities debt transferred to special servicer KeyBank on…

A Los Angeles ownership group has put its half-empty Novato medical and office building on the block, pitching buyers on a discounted basis and the pull of an adjacent hospital campus in one of the Bay Area’s tightest medical office markets. An entity affiliated with Los Angeles-based Pinnacle Capital Management…

An earlier post described how the top ten builders in the country accounted for 43.6% of new single-family closings in 2025. BUILDER magazine has now released additional data on the top ten builders within each of the 50 largest new home markets in the U.S., ranked by single-family permits. It is important to note…

LA MESA, CALIF. — Marcus & Millichap has brokered the $12.5 million sale of Guava Gardens, an affordable seniors housing property in La Mesa. Los Angeles-based Positive Investments was the buyer. Built in 1986, the property totals 81 units, with 40 studio apartments and 41 one-bedroom apartments. Residences are…

Marcus & Millichap Capital Corporation (MMCC) arranged $9,790,000 in financing for the acquisition of a 13,575-square-foot mixed-use multifamily and retail property located at 235-237 Kent Ave. in Brooklyn’, New York’s Williamsburg neighborhood. Bradley Buzil, senior director in MMCC’s Los Angeles office, secured a…

California’s commercial real estate market is stabilizing as developers adapt to a prolonged higher-rate environment, according to the Summer 2026 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey released Wednesday. Although financing costs, construction expenses and broader economic…

OXNARD, Calif. — Harrison Street has completed the sale of Clearwater at Riverpark, a 136-unit independent living community located in Oxnard, approximately 65 miles northwest of Los Angeles. Built in 2018,… The post Harrison Street Sells 136-Unit Independent Living Community in California appeared first on Seniors…

LOS ANGELES — Paragon Commercial Group has purchased a 46,055-square-foot grocery-anchored shopping center in the Tujunga neighborhood of Los Angeles from the original developer. Situated on nearly 2.7 acres, the property has been home to Smart & Final for more than 30 years and Goodwill for 25 years. Paragon plans…

A year after last summer’s immigration crackdowns that emptied parts of Los Angeles’ commercial corridors, damage to business owners and their landlords hasn’t been repaired. Neighborhoods like the Fashion District and Little Tokyo are still coping...

Paragon Commercial Group has completed the off-market acquisition of a grocery-anchored shopping center in the Tujunga neighborhood of Los Angeles. Located on Foothill Boulevard in northeastern Los Angeles along the foothills of the San Gabriel mountains, the 46,055 square-foot property was acquired from the family…

LA MESA, Calif. — Marcus & Millichap has brokered the $12.5 million sale of Guava Gardens, an affordable seniors housing community located in La Mesa. Los Angeles-based Positive Investments was the… The post Marcus & Millichap Brokers $12.5M Sale of Affordable Housing Community in Southern California appeared first…
LOS ANGELES — Sony Pictures Entertainment (SPE) and Alamo Drafthouse Cinema have announced plans to reopen and restore Cinerama Dome, a historic move theater located on Sunset Boulevard in Hollywood. Opened in 1963, it is the world’s first all-concrete, geodesic dome that features an 86-foot curved screen.…
For Dedeaux Properties, California’s infamously arduous development environment can be both a hurdle and a competitive advantage. CEO Brett Dedeaux spoke with Commercial Observer about why the firm sees Tejon Ranch as such a compelling alternative to Los Angeles County and the Inland Empire, as well as how the…

LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan to refinance Billy G. Mills Manor, an affordable housing community in Los Angeles. Walker & Dunlop’s Jeff Kearns… The post Watt Capital Developers Secures Refinancing, HAP Contract Renewal for Los Angeles Affordable Housing appeared first on…

Miał być pokazem siły rynku nieruchomości i nową ikoną downtown Los Angeles. Zamiast tego Oceanwide Plaza, gigantyczny kompleks trzech wieżowców, od lat stoi niedokończony i pokryty graffiti. Władze miasta zapowiadają teraz czyszczenie elewacji.

Summary and analysis of Los Angeles’ current economic and industrial real estate market conditions.

Opinion piece argues that Los Angeles' Measure ULA transfer tax is suppressing multifamily housing production and causing significant economic harm, citing a RAND report showing 30% decline in apartment building starts and 16,650 lost construction jobs since 2023.

Logos Faith Development, a Los Angeles-based affordable housing developer partnering with faith communities across Southern California, announced 15 groundbreakings planned across 2026, 2027 and 2028. In support of that growth, Logos has signed a long-term lease for new headquarters in Downtown Los Angeles. The…
Rexford Industrial Realty is dramatically accelerating its shift from being the most aggressive industrial buyer in Southern California into perhaps the region’s biggest seller. The Los Angeles-based real estate investment trust (REIT) has identified about $2 billion of “noncore assets” for disposition as it…
LOS ANGELES — Walker & Dunlop has arranged a $28.9 million loan for the refinancing of Billy G. Mills Manor, an affordable housing complex next to the University of Southern California in Los Angeles. Jeff Kearns and Laura Woltanski of Walker & Dunlop secured the refinancing through HUD/FHA’s Section 223(f) loan…

Fashion Nova is expanding its Southern California logistics side with another industrial lease in Santa Fe Springs. The Los Angeles-based fast-fashion retailer signed a lease to take over the 132,888-square-foot warehouse at 12301 Hawkins Street, according to CoStar. It increases Fashion Nova’s warehouse footprint…

Marcus & Millichap has completed the sale of 1939 N. Kenmore Ave., an 18-unit multifamily property located in Los Angeles. The property sold for $5.28 million. “Properties with this charm and character that have been owned by the same family for several decades rarely come to market in Los Feliz,” said Jeff Louks,…
New York's single-tenant retail market delinquency rate is more than double Los Angeles's. But the real story isn't how much distress exists, but what kind of distress it is. The New York City metropolitan statistical area (MSA) carries an 18.5% delinquency rate, compared with 8.0% in Los Angeles, the…
Get your popcorn ready, Los Angeles. One of Hollywood’s most beloved movie theaters is finally coming back. Sony Pictures Entertainment and its Alamo Drafthouse Cinema subsidiary announced Wednesday they struck a long-term lease to restore and reopen the Cinerama Dome on Sunset Boulevard and the adjacent 14-screen…

A San Francisco Superior Court judge has placed the historic Central Tower into receivership after owner CIM Group defaulted on a $98 million loan, and lenders are now advancing toward a foreclosure that could strip the Los Angeles investor of the two-building property by the end of the year. One of San Francisco’s…

LOS ANGELES — San Francisco-based Prime Residential has acquired Palm Court Apartments in the Miracle Mile neighborhood of Los Angeles for approximately $51.3 million. The seller was a private investor.… The post Prime Residential Buys Palm Court in Los Angeles for $51.3M appeared first on Multifamily & Affordable…

The gap between single-family rents and multifamily rents has widened massively. A look at 14 big markets.

Los Angeles Mayor Karen Bass said Tuesday that graffiti removal and blight abatement will now begin following a confirmation hearing earlier Tuesday for the sale of Oceanwide Plaza. The hearing followed Monday’s announcement by the U.S. Bankruptcy Court for the Central District of California that it would approve…
Los Angeles’ Oceanwide Plaza, a massive downtown development stuck in limbo so long it became tagged and transformed into the infamous Graffiti Towers, has been cleared for sale. The long process of selecting a new developer after the original Chinese developer went bankrupt may finally be coming to a close. KPC…