An eight-unit Van Nuys multifamily complex has sold for $5.6 million, or $681,250 per unit, according to brokerage Marcus & Millichap Inc.
A subsidiary of Tutor Perini Corp. has been awarded two contracts valued at about $34 million for work at Marine Corps Base Camp Lejeune in North Carolina.
The Los Angeles City Council has approved plans for a residential development that will add 27 units to the housing inventory in Reseda.
A property located at 8940 N. Reseda Blvd. in Northridge will bring five stories of apartments to the market near California State University – Northridge.
Design studio Ware Malcomb announced Tuesday that construction is complete at L’Oreal’s Pulp Riot offices, located at 16501 Ventura Blvd. in Encino.
A massive multi-property office portfolio, totaling 256,602 square feet in Westlake Village, has traded for $55 million.
A school campus belonging to Chatsworth Hills Academy has sold for $9 million.
A commercial property with only 1,292 square feet in Santa Clarita has sold for $1.5 million.
A four-story, low-rise hospitality structure is in the planning stages for Ventura Boulevard in Woodland Hills.
Woodland Hills-based Adler Realty Investments has sold a retail property in Fontana for $4.95 million.
Tarzana-based real estate developer Gelt Inc. has invested $41 million to buy eight self-storage facilities in Memphis, Tenn.
The Los Angeles City Council voted to delay its vacancy tax until the 2022 election, following a special meeting on Wednesday to further discuss the proposed measure which would tax unoccupied multifamily units.
William Millichap, co-chair of Calabasas real estate brokerage Marcus & Millichap Inc., has died after a yearlong battle with cancer.
Jose Huizar, an elected member of the Los Angeles City Council, was arrested Tuesday on federal racketeering charges that allege he accepted bribes to help real estate developers secure approval for their projects – including one bribe facilitated by a development consultant in the Valley.
Limoneira Co. announced Thursday that its joint venture to build the Harvest at Limoneira development in Santa Paula has closed sales on 42 more lots.