A developer has proposed a multifamily complex with 64 units for a Van Nuys address, according to city of Los Angeles records.
A private investor has acquired the Winlake Apartments in Glendale for $5.3 million, or $314,705 per unit, in a 1031 exchange.
The Business Journal recognized the top brokers and projects for 2020 in a virtual Commercial Real Estate Awards event.
Glendale-based PS Business Parks Inc. has appointed Dan “Mac” Chandler III as the company’s chief executive officer, effective April 5.
A six-building multitenant industrial business park in Van Nuys has sold for $19.3 million, or $247 per square foot.
Joint venture partners Meta Housing Corp. and LA Family Housing have officially broken ground on construction of Silva Crossing, a 56-unit permanent supportive housing project in Sylmar.
American Homes 4 Rent beat Wall Street estimates on earnings for the fourth quarter while matching on revenue.
Woodland Hills-based real estate firm Investors Management Group Inc. has sold a two-property multifamily portfolio in Raleigh, North Carolina to Abacus Capital Group for $29.8 million.
Mike Centurioni, a commercial real estate broker for the last 18 years, has joined Van Nuys-headquartered Delphi Business Properties Inc. as a senior vice president.
Marcus & Millichap beats Wall Street expectations, while LTC Properties reports a slight decline in revenue.
Interest rates near historic lows fueled strong Valley home sales last month, pushing prices higher even as the inventory of homes for sale fell to a record low.
Caruso has received unanimous approval to rezone land behind its retail center The Lakes for a residential project.
A mixed-use project with a large-scale residential component has been proposed for Sylmar, according to city of Los Angeles records.
Velocity Financial Inc. has fresh money to make new mortgage loans.
Winnetka may have new housing soon, according to city of Los Angeles Planning Department documents.