SFV REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
Prices for homes of all types saw healthy increases in 2016 in both the San Fernando and Santa Clarita valleys, according to the Southland Association of Realtors.
Gelb Group of Encino sold and bought a pair of equal value properties in Woodland Hills and Granada Hills in a 1031 exchange, a way for investors to defer paying capital gains tax on the sale of property.
The last 29 acres of buildable land in the Conejo Spectrum Business Park in Thousand Oaks has been sold to an Irvine investment and development firm.
Klorman Construction in Woodland Hills said it has been selected to build a six-level parking garage for a new development underway in Oceanside.
As part of its ongoing strategy to position itself as an advisor in reconfiguring workspaces for the future labor force, L.A.-based CBRE Group Inc. has leased space at a former restaurant in the Warner Center in Woodland Hills.
An Oak Park shopping center has changed hands for nearly $30 million, according to L.A.-based CBRE Group Inc.
The 52-year-old Verdugo Village apartment complex in Glendale has traded hands for more than $50 million in a deal that will also provide a new name and significant upgrades to the property.
New home sales in the San Fernando Valley have reached a plateau because of high prices, according to a report from the Southland Regional Association of Realtors.
Sherman Oaks real estate company IMT Capital has sold more than 400 apartment units in Valley Village for $185 million, according to real estate database CoStar Group Inc.
Sylmar construction company Tutor Perini Corp. said its Black Construction Corp. subsidiary in Guam has been awarded a $97 million contract to construct significant upgrades at Guam International Airport.
The vast 500,000-square-foot LNR Warner Center IV in Woodland Hills has sold for nearly $150 million, according to L.A. commercial real estate brokerage Newmark Grubb Knight Frank.
Thousand Oaks construction company Wesely Thomas has leased space in Westlake Village for its new headquarters, which will be nearly twice as large as its existing location.
Caruso Affiliated, the development company behind the shopping centers Americana at Brand in Glendale and Commons at Calabasas, has changed its name to simply Caruso.
A 3-acre parcel of land in Woodland Hills entitled for apartments has sold for $18.8 million to the U.S. subsidiary of a Beijing real estate investment firm.
Investors have bought the Conejo Spectrum office and industrial park out of foreclosure and plan to refurbish the property, according to Long Beach investment firm Harbor Associates.