SFV REAL ESTATE

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

NewMark Merrill Hires Six Executives

NewMark Merrill Cos., a shopping center owner, has grown its executive team by six with a half-dozen outside hires brought aboard to meet demand as the retail sector opens post-pandemic.

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Supervisors Extend Eviction Moratorium in L.A. County

L.A. County tenants have been granted three more months of protection from eviction.

Industrial Building Leased Near Van Nuys Airport

A 28,000-square-foot warehouse at Van Nuys Airport Industrial Center has leased to an undisclosed West Los Angeles company for the storage of baby products.

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San Fernando Warehouse Fetches $5.6 Million

A 22,440-square-foot industrial building in the city of San Fernando has sold for $5.6 million, or $248 per square foot.

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Woodland Hills Multifamily Firm IMG Expands San Antonio Portfolio

Investors Management Group has acquired Azul Apartments, a 246-unit complex built in San Antonio for an undisclosed price.

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Glendale Warehouse Sells for $3.8 Million

A three-unit industrial building with 14,818 square feet in Glendale has sold for $3.8 million.

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Homeless Shelter Finds Temporary Location in Santa Clarita

Nonprofit organization Bridge to Home has temporarily relocated its shelter operations for individuals lacking permanent housing to a parcel of vacant land on Pine Street in Santa Clarita owned by Trammell Crow Co. and Clarion Partners.

Apartment Complex Could Replace Auto Shop in Toluca Lake

A new four-story apartment complex has been proposed for a Toluca Lake site that currently hosts an auto repair shop.

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$81 Million Residential Project Breaks Ground in Lancaster

USA Properties Fund has just broken ground on an $81 million, 264-unit development in Antelope Valley.

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Encino Investment Firm Acquires, Rebrands Washington Apartments

Encino-based multifamily investment and management company New Standard Equities has acquired a pair of neighboring Pacific Northwest assets – Cedar Glen and Maple Manor – and rebranded the combined 144 units as Indigo Apartment Homes in Bremerton, Wash.

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Cabin Community Opens in West Valley

Hope of the Valley Rescue Mission and L.A. City Councilmember Bob Blumenfield have opened the West Valley’s first cabin community for local unhoused Angelenos.

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Burbank Office Building Sells for $61.5 Million

The Link, a recently renovated seven-story building in downtown Burbank, has sold to an undisclosed buyer for $61.5 million.

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135-Unit Apartment Project Proposed for Sun Valley

A seven-story affordable housing complex with mixed-use elements will rise in Sun Valley near the Metrolink station, according to an application for entitlements filed with the Los Angeles Department of City Planning.

Santa Paula City Council Considers Developing Commercial Gateway

Santa Paula City Council Wednesday discussed transforming a 2-acre property off Highway 126 into a gateway to the city.

Calabasas City Council Shoots Down West Village Project

Calabasas City Council has unanimously rejected a 180-unit residential project based on its environmental impact report.

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