SFV REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

Simi Valley Warehouse Changes Hands

A nearly 40,000-square-foot industrial building at 167 W. Cochran Street in Simi Valley has sold for $7.3 million.

LTC Buys Two Senior Living Communities

LTC Properties Inc. in Westlake Village has purchased two senior living communities in Texas in a $25.2 million sale-leaseback acquisition.

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Align Aerospace, Ball Corp. Sign Industrial Leases in Chatsworth

California Realty Group closed a pair of separate leases in June at a Chatsworth industrial site.

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$1 Billion Transformation for Warner Center Corporate Park

Adler Realty Investments has plans for a $1 billion transformation of Warner Center Corporate Park at the intersection of DeSoto Street and Burbank Boulevard in Woodland Hills.

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First Moorpark Hotel in a Century Underway

Construction has begun on a four-story, 108-key Marriott hotel in Moorpark in what is being heralded as the community’s first hotel in nearly a century.

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Senior Veterans Housing Complex Underway in Sun Valley

East L.A. Community Corp., in collaboration with New Directions for Veterans, YM Architects and Westport Construction, has begun building the $34.5 million Sun Valley Senior Veterans Apartments.

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VICA Condemns Rent Control Proposition

Valley Industry and Commerce Association President Stuart Waldman has joined business leaders in Sacramento to oppose a state proposition that could pave the way for stronger rent control laws in cities throughout California.

Waste Management, Agromin to Refurbish Turf at Lancaster Soccer Center

Waste Management of Antelope Valley and Agromin are partnering to fix the turf at Lancaster’s Gilly National Soccer Center.

Simi Valley’s Mountaingate Plaza Sold for $51 Million

HFF Orange County has sold Mountaingate Plaza, a 281,240-square-foot Simi Valley shopping center, for $51.1 million, according to a source close to the company.

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United Chambers Issues Statement of Support for Westfield's Promenade 2035 Project

The United Chambers of Commerce of the San Fernando Valley and Region has issued a statement of support for the Westfield Promenade 2035 Project as it enters its environmental impact review phase, the organization announced Monday.

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Thousand Oaks Senior Housing Complex Sold in $382 Million Portfolio

MBK Senior Living has acquired nine senior housing communities totaling 1,174 units in a $382 million deal with West Partners.

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Moorpark Commission Approves Assisted Living Development

Oakmont Senior Living’s plans for a two-story assisted living and memory care center is heading to the Moorpark City Council for final approval in August.

Three-Unit Multifamily in Van Nuys Sells for $1.1 Million

Real estate brokerage Marcus & Millichap has announced the sale of 17326 Cantlay St., a three-unit apartment property located in Van Nuys. According to James Brian Markel, regional manager of the firm’s Encino office, the asset sold for $1.1 million. Senior Vice President Investments

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NoHo Shopping Center Fetches $6 Million

The North Hollywood shopping center at 6005 Vineland Ave. known as Palms Plaza has sold for $6 million in a deal cemented in May, according to CoStar Group.

LTC Renegotiates $600 Million Credit Facility

LTC Properties Inc. has entered into a new amended unsecured credit agreement to replace its previous unsecured credit agreement from 2014, the company announced Thursday.

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