Michael Aushenker
Staff Reporter
Phone: 818-316-3123
Recent Stories
Matthew Luchs Named Chief Operating Officer for Marcus & Millichap’s Encino Office
Calabasas-based real estate brokerage Marcus & Millichap Inc. has announced that Matthew Luchs has joined its Brandon Michaels Group as chief operating officer.
Pair of Burbank Office Buildings Fetch $5.7 Million
Two Burbank office buildings have sold for a combined $5.7 million.
Valencia Planned Development Sells 487 Homes in Fourth Quarter
Real estate developer FivePoint has announced that Valencia, the formerly named Newhall Ranch planned community under construction in the Santa Clarita Valley, sold nearly 500 homes in 2020’s fourth quarter.
Industrial Might in the Heart of the Valley
The city of San Fernando caters to business owners fond of a small-town feel.
Surrounded by industry-heavy Sylmar to the north, Mission Hills to the west and Pacoima to the southeast, the city of San Fernando is one of the smallest cities in the region.
Tejon Ranch’s OK to Build Multifamily
Kern County greenlights potential 495-unit project.
Commercial developer Tejon Ranch Co. has announced that the Kern County Board of Supervisors has approved two conditional use permits to authorize development of multifamily apartments at the Tejon Ranch Commerce Center.
DISNEY DOWNSIZE
Restructuring opens office space, but streaming service may fill it.
Walt Disney Co. is now a streaming business.
Watermark Lands $83 Million Bridge Loan
Tarzana’s Gelt and partner Uhon secure financing for nearly complete 250-unit development in Reseda.
Watermark has hit its mark with bridge financing.
Building in Simi Fetches $30 Million
Bank of America leases entire 206,917-square-foot property.
Despite a waning appetite for office space during the pandemic, an office building in Simi Valley has sold for $30 million, according to Newmark, a real estate brokerage involved in the deal.
Texas-Sized Acquisition
Marcus & Millchap buys LMI Capital in Houston.
Marcus & Millichap Inc. has acquired Houston-based LMI Capital.
Preview: Disney Downsize
Walt Disney Co. is now a streaming business. So how will this switch impact the Tri-Cities’ commercial real estate sector?